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2018 June Q3 Arthuro

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AFM Exams › 2018 June Q3 Arthuro

  • This topic has 3 replies, 2 voices, and was last updated 4 years ago by AvatarJohn Moffat.
Viewing 4 posts - 1 through 4 (of 4 total)
  • Author
    Posts
  • November 30, 2021 at 8:50 pm #642148
    AvatarMing
    Member
    • Topics: 1
    • Replies: 1
    • ☆

    Dear Sir,
    Could you please help clarify where $76·652 million comes from when we calculate the dividend requirements? The orginal shares are 90 million and the dividend is 0.74 per share, why it is not 0.74*90 million = 66.6 $miliion, but $76·652 million

    “Increase in dividend remittances required = $88·8 million – $76·652 million = $12·148 million”

    many thanks in advance.

    best regards,

    December 1, 2021 at 8:04 am #642178
    AvatarJohn Moffat
    Keymaster
    • Topics: 57
    • Replies: 54846
    • ☆☆☆☆☆

    The question asks for the dividend capacity, which is not the dividend they will pay but is the amount available for dividends.

    The amount available for shareholders is the profit after interest and tax.

    December 1, 2021 at 7:30 pm #642236
    AvatarMing
    Member
    • Topics: 1
    • Replies: 1
    • ☆

    Thank you very much.

    December 2, 2021 at 7:35 am #642272
    AvatarJohn Moffat
    Keymaster
    • Topics: 57
    • Replies: 54846
    • ☆☆☆☆☆

    You are welcome 🙂

  • Author
    Posts
Viewing 4 posts - 1 through 4 (of 4 total)
  • The topic ‘2018 June Q3 Arthuro’ is closed to new replies.

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