- This topic has 1 reply, 2 voices, and was last updated 9 years ago by
.
Viewing 2 posts - 1 through 2 (of 2 total)
- Posts
In questions like Proteus Co. the following is given:
Tax rate: 25% of PBT and Dividends remitted is 25% of PAT.We need amount transferred to Reserves.
Can I show .75*.75 = 56.25% and Multiply .5625 with PBT to directly get the amount transferred to Reserves?
Will my marks be deducted if I simplify it to this extent?
Viewing 2 posts - 1 through 2 (of 2 total)
- You must be logged in to reply to this topic.