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Exam F2 All Questions
Exam F2 All Questions

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CIMA Management F2 Question # 29 Topic 3 Discussion

F2 Exam Topic 3 Question 29 Discussion:
Question #: 29
Topic #: 3

MS Group's total profit for period on their consolidated income statement is £31,000. This includes adjusting for their share of joint venture JV2. Calculate the share of joint venture MS Group received based on the

following information.

MS operating profit £41,000

Dividend from JV2 £5,000

Finance cost £3,000

Tax £11,000


A.

£4,000


B.

£9,000


C.

£1,000


D.

£7,000


E.

£6,000


F.

£5,000


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