[dipintee]

@sunny10 said:
Hi there,

Anbody interested in studying together for june 2012 sittings?

i am.

[dipintee]

C acquired 30000ordinary shares and $10000 of 4% loan stock in Excel company.
Excel co. is financed as follows:
$1 ordinary shares $50000
4% loan stock $40000
Retained earnings $10000

For purpose of preparation of consolidated financial statement, what is C’s interest in Excel co.?
Is it:
85% or
30% or
50% or
60%.

can anyone give me the answer?

[dipintee]

can anyone tell me what you got in exams?

[dipintee]

hi friends i got f3 paper on 19 dec..could anyone give me some tips…thanks!

[Author]

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