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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › Chapter 11 example 2
Hi Sir,
Why in Chapter 11, example 2, the $400 proposed dividends by Girts, have not been included in other comprehensive income of Maris CS of PL for their portion of 28% please?
Because Maris will account for the 28% share of Girts’ post tax profit and Girts’ dividend will be deducted from that figure.
Therefore, by taking 28% of profit after tax, Maris is automatically bringing in 28% of the dividend and 28% of the profit after dividend
Is that OK?
