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Chapter 11 practice question

Ssarahstella10y ago
Value of investment in meme plc Share: 300000 x 250 = 750000 Deferred cash 330000 x 1 /1.1 x 1/1.1= 272727 Post Aqu ret ( 84000 x 4/12 x 30% = 8400 Total 1031127. Answer is 1029927 Please help ! I do not know where I'm going wrong
MikeLittleMikeLittleTutor10y ago#1
Hi, you're not going wrong! It's my answer that is incorrect and it's already on the list for me to correct in the very near future Thanks for reminding me
Ssarahstella10y ago#2
Thank you sir.
MikeLittleMikeLittleTutor10y ago#3
You're welcome
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