Consolidated Comprehensive income, Sep&Dec 2016 Q1

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June 3, 2017 at 12:08 am #389814
mileyshanna
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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
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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
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Hi sir,

Is 14.3m just calculated by 19*9/12?
June 3, 2017 at 4:58 am #389830
mileyshanna
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Sorry sir,

I got it.
June 4, 2017 at 8:29 pm #390334
P2-D2
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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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