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Hi mike.
I have a question on page 66 example 2, the solution States the share of profits from the associate on the soci are 2300 x 28% = 644. Would you not take off the dividend payable by the associate first ie 2300 – 400 =1900
1900 x 28% = 532 profit on our soci?Cheers
Hugh
And what would you do with our 28% of the dividend (28% x 400 = 112)
Add 112 to 532 and what do you get?
Ok?
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