Examlex

Solved

Use This Information to Answer the Following Questions:
the Following

question 53

Multiple Choice

Use this information to answer the following questions:
The following information is taken from the financial statements of Cyrus Ltd for the year ended 30 June 2012 .
$ Retained profits, 1 July 2011 60,000 Retained profits, 30 June 2012 80,000 Net profit before tax 820,000 Income tax expense 390,000 Final dividend payable, 1 July 2011 250,000 Final dividend payable, 30 June 2012 230,000 Transfer from reserves to retained profits 50,000 \begin{array}{lr} & \$ \\ \text { Retained profits, 1 July 2011 } & 60,000 \\ \text { Retained profits, 30 June 2012 } & 80,000 \\ \text { Net profit before tax } & 820,000 \\ \text { Income tax expense } & 390,000 \\ \text { Final dividend payable, 1 July 2011 } & 250,000 \\ \text { Final dividend payable, 30 June 2012 } & 230,000 \\ \text { Transfer from reserves to retained profits } & 50,000\end{array}
-What were the total dividends paid during the year?


Definitions:

Sender

The person or entity that initiates a message or communication.

Conscientious

Describes a person who is diligent, careful, and committed to doing their work or duties well.

Extraverted

Describing someone who is outgoing, socially confident, and thrives on interaction with others.

Psychological Safety

A condition within a team where members feel safe to take risks, voice their opinions, and be creative without fear of punishment or ridicule.

Related Questions