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b. Below are excerpts from XYZ corporation's financial statements. Particulars Income from continuing operations Income from discontinued operations Extraordinary gains Tax rate Value 500,000,000 10,000,000
b. Below are excerpts from XYZ corporation's financial statements. Particulars Income from continuing operations Income from discontinued operations Extraordinary gains Tax rate Value 500,000,000 10,000,000 5,000,000 30% Dividend payout rate 45% Calculate: i. Net income (3 marks) ii. Dividends (3 marks) iii. (Retained earnings (2 marks) (20 MARKS)
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Managerial Accounting
Authors: Mcgrawhil/Irwin
1st Edition
B008CMOMTS
