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Ch.4 Example 2

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › Ch.4 Example 2

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  • October 29, 2018 at 2:53 am #480091
    winnielai119
    Participant
    • Topics: 9
    • Replies: 7
    • ☆

    The example showed Finn have PPE valued $1250m, and also the identifiable net assets of Finn had a fair value of $1850m. The excess in fair value is due to an item of PPE that has a remaining useful life of 10 years.

    My calculation of depreciation is (1850-1250)/10 years.

    But the answer showed the depreciation is $80m, may I know why?

    Thank you so much!

    October 29, 2018 at 7:44 am #480104
    winnielai119
    Participant
    • Topics: 9
    • Replies: 7
    • ☆

    This example related ACCA Open Tuition note

    October 30, 2018 at 9:12 pm #480281
    P2-D2
    Keymaster
    • Topics: 4
    • Replies: 7142
    • ☆☆☆☆☆

    Hi,

    Have you looked in the answer at the back of the class notes or the video itself that explains this?

    If not, then I’d recommend that you do so.

    Thanks

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