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b)Potentialdividends paid by Blanca Ltd. This is because Blanca Ltd has been profitable and the company management plans to pay dividends to Antara Ltd. (20

b)Potentialdividends paid by Blanca Ltd. This is because Blanca Ltd has been profitable and the company management plans to pay dividends to Antara Ltd.

(20 marks)

Your response should include:

How dividends paid by Blanca Ltd are accounted for using the equity method of accounting.

How dividends are disclosed in AntaraLtd'srelevant financial statement.

References to the financial information in Part Aand relevant accounting standards.

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