QUESTIONS 45 THROUGH 68 RELATE TO FINANCIAL STATEMENT ANALYSIS

49. - MOCK AND SAMPLE EXAMS CFA CFA LEVEL I MOCK EXAM AFTERNOON 2013 49. - MOCK AND SAMPLE EXAMS CFA CFA LEVEL I MOCK EXAM AFTERNOON 2013
MOCK AND SAMPLE EXAMS CFA CFA LEVEL I MOCK EXAM AFTERNOON 2013
49. An analyst has compiled the following information on a company: £ ‘000s Revenues for the year 12,000 Total expenses for the year 10,150 Total current assets at year-end 9,200 Total non-current assets at year-end 12,750 Investments 350 Share capital at the beginning of the year 2,000 Proceeds from shares issued during the year 500 Retained earnings at the beginning of the year 8,850 Total liabilities at year-end 9,400 The amount of dividends declared (£ ‘000s) during the year is closest to: A. 150. B. 300. C. 650.