Chapter 7: Foreign Currency (Example 5)

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July 15, 2019 at 8:32 am #523450
choopea
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Hi,

In the example answer 5, in order to calculate post-acquisition RE, the fair value of PPE is calculated as 4000-800.

My question is why 800? Why not 1200? I thought we have to minus the depreciation charge for three years (20X6 – 20X8).

Thank you in advance.
July 17, 2019 at 4:35 pm #524070
P2-D2
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Hi,

Yes, I think I may have used the wrong number of years in the solution, sorry.

Thanks
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