FF Ltd Declared and Paid $150 000 in Dividends During

question 52

Multiple Choice

FF Ltd declared and paid $150 000 in dividends during the financial year ending 31 December. Closing retained profits as at 31 December were $860 000. What was opening retained profits at the beginning of the financial year on 1 January, if FF Ltd made a loss of $180 000 for the year ended 31 December?

• A) $530 000
• B) $860 000
• C) $890 000
• D) $1 190 000

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Definitions:

Taqwacore Punk

A genre of punk music that integrates Islamic themes and perspectives, often associated with the Muslim punk movement.

Socially Constructed

A concept or practice that exists not because of an inherent natural reality but because people agree to behave as if it exists or follow certain conventions.

Race

A socially constructed category of identification based on physical characteristics, ancestry, historical affiliation, or shared culture.

Representation

involves the act of depicting or symbolizing someone or something in particular ways, often in politics, media, or arts.