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In cash flow statement proposed dividend …

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In cash flow statement proposed dividend of current year add back in calculating the net profit befor tax and extraordinary items? Previous year propoed dividend less from the financing activity?

Posted by Rajnj Sharma 7 years, 7 months ago

CBSE > Class 12 > Accountancy

1 answers

Anurag Kumar 7 years, 7 months ago

No, proposed dividend of previous year is added back while calculating net profit before tax. We don't take proposed dividend of current year as per the changes made. In financing activity proposed dividend of previous year is less while calculating cash flow from financing activity.

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