P&L Question

System
System Posts: 100,534 🤖 Admin 🤖
In a profit and loss account, how do you work out dividends to shareholders. if the ratio is 3:1? (if that makes sense)

am I correct in thinking it would be 'profit after interest and tax'/4 x 3

Cheers Ellie

Comments

  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:P&L Question

    Is nobody answering this query incase they get it wrong? hee hee

    I think you are right, the total is 4. So divide by 4 and multiply by whichever part of teh ratio you want to work out.
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:P&L Question

    Thanks for your help Laney.
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:P&L Question

    No problemo! :lol:
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