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CONSOLIDATED STATEMENT

This topic has 3 replies, 2 voices, and was last updated 7 years ago by John Moffat.

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June 30, 2017 at 1:27 pm #394410
addition
Participant
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If Pleasant ltd acquired 70,000 shares from Sweet ltd. Pleasant had a profit of $20,000 issued 60,000 shares. What is Pleasant’s share percentage of the group?
June 30, 2017 at 2:55 pm #394422
John Moffat
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It is a meaningless question, and impossible to answer anyway because you have not stated how many shares Sweet has in issue.
Everything needed for consolidations is explained in our free lectures.
June 30, 2017 at 6:05 pm #394438
addition
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Thank you, John.
July 1, 2017 at 10:03 am #394461
John Moffat
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You are welcome 🙂
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