[amiya]

thank u

[amiya]

hey
Cost (500,000 x 20% x $4) $400,000
Share of profit for 20X7 ($100,000 x 6 /12 x 20%) $10,000
Share of profit for 20X8 ($250,000 x 20%) $50,000
Less: Dividend received ($20,000 x 20%) ($4,000)
Carrying value of Beta Co $456,000
my doubt in this question is why is 31 December 20X6 profit after tax taken into account in Dec 20X7wouldn’t it have been calculated in last year’s consolidated stmnt of financial position

[amiya]

hey iam sorry for the late reply
why arent we going with the usual method like q16 in analytical techniques . A company has started production of a new product and has found that the first 10 units of production took 120 hours. The next 30 units produced took a further 150 hours

similar to this q shldnt we have done 135=4x80r^2
135/(4×80)=r^2
=0.421875^2=64.95%

[Author]

Posts