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Example 2 from chapter 12 lectures for P2

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › Example 2 from chapter 12 lectures for P2

  • This topic has 4 replies, 3 voices, and was last updated 15 years ago by AvatarMikeLittle.
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  • November 27, 2010 at 3:10 pm #46304
    Avatarrealhelp
    Participant
    • Topics: 7
    • Replies: 6
    • ☆

    How is calculated the amount of 9,166 for Exdiff? I divided 50 by 6 and get 8,333

    November 27, 2010 at 6:25 pm #71839
    Avatarahsanpervez
    Member
    • Topics: 7
    • Replies: 30
    • ☆

    actually dividends aren’t translated on average rate it has to be translated at actual rate though actual rate is not given but u can calculate the dividend paid because the dividend paid to parent is 14000 n that is 70 % of the dividend as parent is holding 70 % shares if we want to calculate the 100 % we will do 14000 * 100 / 70 = 20, 000 now this is translated dividend paid so now profit after tax 175000 translated at 6 = 29167 – 20,000 = 9167

    November 28, 2010 at 3:41 pm #71840
    AvatarMikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23368
    • ☆☆☆☆☆

    Thanks Ahsan

    November 29, 2010 at 8:40 am #71841
    Avatarahsanpervez
    Member
    • Topics: 7
    • Replies: 30
    • ☆

    thank’s 2 u sir coz i understood this becoz of U…..n thank’s 2 OT as well 🙂

    November 29, 2010 at 11:31 am #71842
    AvatarMikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23368
    • ☆☆☆☆☆

    welcome

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