Finanacial Statements

sscorssscors Feels At HomePosts: 72Registered
Really confused about where to put dividends received/paid in the statement of cashflow for the exam. Please help

Comments

  • missm4ry4mmissm4ry4m Well-Known Posts: 177Registered
    Hi

    Dividends received is put in the investing activities of the Statement of Cashflows and dividends paid is put in the financing activities.

    When in your exam?
  • sscorssscors Feels At Home Posts: 72Registered
    Thanks, exam is on tuesday arghh!!!
  • missm4ry4mmissm4ry4m Well-Known Posts: 177Registered
    No problem and good luck!! Mines is on Thursday!!
  • sscorssscors Feels At Home Posts: 72Registered
    Do you know how to calculate dividends paid for cash flow statement. One question said it had been paid from retained earnings. And just gave retained earnings figures for 2 years
  • missm4ry4mmissm4ry4m Well-Known Posts: 177Registered
    Retained workings = Retained earnings + profits - dividends paid

    So I think you just rearrange this forumla and work it out that way!

    You might want to confirm with your tutor though.
  • sscorssscors Feels At Home Posts: 72Registered
    Thanks have just found answer in textbook

    20X8 retained earnings
  • sscorssscors Feels At Home Posts: 72Registered
    Thanks have just found the answer in textbook

    20X8 retained earnings 35 550
    Profit 15 280
    20X9 retained earnings (45 830)
    Dividend paid 5 000

    Hope this helps someone
  • missm4ry4mmissm4ry4m Well-Known Posts: 177Registered
    Thanks; this just helped me!!
  • Sammmy88Sammmy88 Trusted Regular Posts: 283Registered
    How did you get on in your exam?
    Level 2 - Passed 2011
    Level 3 - Passed 2012
    Level 4 - Passed 2014

    Awaiting to start CIMA :)
  • missm4ry4mmissm4ry4m Well-Known Posts: 177Registered
    How did your exam go?
  • sscorssscors Feels At Home Posts: 72Registered
    Hi

    it was ok there were a few things that I wasn't too confident on but glad it is now over. Just waiting for the results. Going to do budgeting next have heard it's a lot easier.

    How did you find the exam?
  • missm4ry4mmissm4ry4m Well-Known Posts: 177Registered
    I found some question quite difficult too. Fingers crossed I've passed. It's so frustrating waiting for the results!! I'm doing budgeting next too. Where do you study?
  • sscorssscors Feels At Home Posts: 72Registered
    Doing online learning hoping to do exam in December, appar Budgeting is a lot easier than FNST. I don't like waiting 6 weeks either just want to know if I have passed or failed now as the exam really could have gone either way.
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