Skip to content
Sign inRegister
ACCA exam results — Are you ready?Chat about it >>

Ask the Tutor ACCA FM

MCQ bank - Business valuations (BPP)

CCindy7y ago
Hi Sir, Under number 224 (ELW Co), Why is it when getting the g (dividend growth), BPP used the .40 and not .10 as beginning dividend?
John MoffatJohn MoffatTutor7y ago#1
Because the question says that the recent dividend of 50c is 10c more than the dividend 3 years ago. Therefore the dividend 3 years ago was 10c less the 50c, which is 40c.
CCindy7y ago#2
Mr Moffat, thank you for this clarification. I understood it differently. .10c more than three years ago as "more than 3 years ago" - like 4 years or 5 years and so on.
John MoffatJohn MoffatTutor7y ago#3
You are welcome :-)
This topic is locked — no new replies.