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investment income- Sugar co S/D 20

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › investment income- Sugar co S/D 20

  • This topic has 1 reply, 2 voices, and was last updated 1 year ago by Stephen Widberg.
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  • August 2, 2021 at 11:21 am #630120
    Jiya024
    Member
    • Topics: 168
    • Replies: 56
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    professor can you explain why from investment income of $3.891m, dividends received from associate were not deducted?

    August 3, 2021 at 4:46 pm #630286
    Stephen Widberg
    Keymaster
    • Topics: 12
    • Replies: 2843
    • ☆☆☆☆☆

    In the debrief of the question which I hope you have watched I explained that this would be a bad mark to attempt. It actually involves 7 separate numbers.

    The dividends from associate would not be included because we are given investment income in the GROUP ACCOUNTS which would not include dividends from associate. If you are struggling on associates please look back at our FR notes.

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