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Which may have resulted in company u total equity

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Reference no: EM132970537

Problem 1: Company U made a profit of £550 million after tax last year. Which of the following may have resulted in Company U's total equity increasing by more than £550 million during the year.

Select one:

a. Payment of a dividend out of the profit of £550 million

b. An impairment review resulting in non-current assets being written down to a lower value at the start of the year

c. The receipt of a loan of £5 million from a director

d. The revaluation of non-current assets to a higher value half way through the year

Reference no: EM132970537

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