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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › Practice question Orange & Nancy, notes p 251
Hello,
I do not understand dividend figures:
Dividend in Orange form Nancy is 9k but paid dividend in Nancy is 25k total (60% of it would be 15k not 9k).
In RE calculation we take RE per question (dividend received form Nancy is included) but then it is again added, not sue why and why in figure of 6k?
Thank you
Of the 25,000 dividend that Nancy shows in the question only 15,000 has been paid with the remaining 10,000 proposed but not yet paid.
Orange has only actually received 60% of 15,000 = 9,000 so, in working W3 Orange is showing the receivability of the remaining 6,000 (60% x 10,000)
Ok?
Thank you! I will now go over this question again:)
Ok, but post again if you feel the need