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BBS stores June 09

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AFM Exams › BBS stores June 09

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  • September 18, 2021 at 4:51 pm #635985
    nbhutia
    Member
    • Topics: 29
    • Replies: 21
    • ☆☆

    Hi sir,

    I’m struggling to figure out question ii) (before considering option 1 or 2)
    I don’t understand where these figures are from:
    Vretail 4338 and Vpropery is 2463?
    I understand the combined valuation of $6800 but not individual value as it doesn’t state anywhere the proportion

    Thanks

    September 19, 2021 at 9:18 am #636004
    John Moffat
    Keymaster
    • Topics: 56
    • Replies: 51583
    • ☆☆☆☆☆

    The value of the land and buildings is the revalued amount at the the end of 2008 of 2,297 plus the assets under construction (which relate to new building) of 165. So a total of 2462.
    The remainder of 4338 is the value of retail.

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