ACCA考试

【分析解答题】Dee andEff are major shareholders in, and the directors of, the public company, Fan plC、For the year ended 30April 2009 Fan plc’s financial statements showed a loss of ￡2,000 for the year.For the year ended 30April 2010 Fan plc made a profit of ￡3,000 and, due to a revaluation, the value of its land and buildings increased by ￡5,000.As a consequence,Dee andEff recommended, and the shareholders approved, the payment of ￡4,000 in dividends.Required:AdviseDee andEff as to: (a) the legality of the dividend payment; and (6 marks)
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