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dividends in spl

Forums › ACCA Forums › ACCA FR Financial Reporting Forums › dividends in spl

  • This topic has 0 replies, 1 voice, and was last updated 4 years ago by prakasa@123.
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  • August 13, 2021 at 4:29 pm #631465
    prakasa@123
    Participant
    • Topics: 5
    • Replies: 2
    • ☆

    hi
    Laurel’s investment income consists of:
    – its share of a dividend of $500,000 paid by Rakewood in August 20X6.
    – a dividend of $200,000 received from Artic, a 25% owned associate which it has
    held for several years. The profit after tax of Artic for the year ended
    30 September 20X6 was $2.4m

    in the answer from investment income 500 was deducted but 200 was not deducted i didnt understand how to do it.

    thank you

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