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Consolidated Comprehensive income, Sep&Dec 2016 Q1

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › Consolidated Comprehensive income, Sep&Dec 2016 Q1

  • This topic has 4 replies, 2 voices, and was last updated 7 years ago by P2-D2.
Viewing 5 posts - 1 through 5 (of 5 total)
  • Author
    Posts
  • June 3, 2017 at 12:08 am #389814
    mileyshanna
    Member
    • Topics: 45
    • Replies: 30
    • ☆☆

    Hi sir,
    I am stuck in Q1, working 3, Ginny-disposal. The tutorial note says : The $14m gain as stated in the question would have been calculated as: ($44m-(20/60 of $90m)).

    I just wonder where do 20 and 60 come from. As far as I am concerned, $14m is the gain in the investment income within its individual financial statements to reflect the disposal, so just remove the $14m of profit on disposal. 14m is not calculated, it is told by the question.

    Many thanks

    June 3, 2017 at 12:28 am #389817
    mileyshanna
    Member
    • Topics: 45
    • Replies: 30
    • ☆☆

    Hi sir,

    In working 1, I am wondering why Ginny’s investment income (w3?becomes 14.3m.

    June 3, 2017 at 1:33 am #389818
    mileyshanna
    Member
    • Topics: 45
    • Replies: 30
    • ☆☆

    Hi sir,

    Is 14.3m just calculated by 19*9/12?

    June 3, 2017 at 4:58 am #389830
    mileyshanna
    Member
    • Topics: 45
    • Replies: 30
    • ☆☆

    Sorry sir,

    I got it.

    June 4, 2017 at 8:29 pm #390334
    P2-D2
    Keymaster
    • Topics: 4
    • Replies: 7142
    • ☆☆☆☆☆

    No need to apologise, as long as you’ve got it then I’m happy. If you’re still unsure at any point then please just let me know.

    Thanks

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