Dividend Payment

I agree with you! There must be some nuance about the $2,000 losses in 2008 wiped out the accumulated profits brought forward from 2007 so the retained earnings balance at the start of the year brought forward was a balance of $nil And even then, the maximum dividend would be the $3,000 profits made this year OK?

Thanks, and good luck on Friday. Let me know how you get on

I've just seen your post in answer to a question on this page. May I ask you please not to respond to questions on this page The open forum is there for your input whereas this page is called "Ask ACCA Tutor" for a good reason

Ok, no harm done, this time!

That's a good score ...... but you must be disappointed with the missing 20! With all that work and preparation behind you .......... Seriously, that's a ally good score and hopefully you can replicate it through the remaining exams