Question
H Group holds a 30% ownership stake in Business A. H Groups investment in A as shown on the consolidated statement of financial statement of
H Group holds a 30% ownership stake in Business A. H Groups investment in A as shown on the consolidated statement of financial statement of financial position 31/12/x5: R400 000 H Groups investment in A as shown on the consolidated statement of financial position 31/12/x6: R500 000 Business As profit after tax for the 20x6 financial year is R1 000 000 Based on this information, calculate the dividend from Hs investment in A to be included as part of investing activities in the groups consolidated statement of changes in cash flows for the year end date of 31/12/x6.
Select one:
a. R200 000
b. R1 000 000
c. R250 000
d. R300 000
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