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Spiral plc has a 75% subsidiary, Axle Ltd and a 30% associate Crossover Ltd. In the year to 31 December 20X9 the companies paid the following dividends:
What total amount will appear in the statement of changes in equity of the Spiral group at 31 December 20X9 in respect of dividends paid? A. $1,400,000 B. $1,160,000 C. $1,100,000 D. $1,000,000 |