Eg-5[ forex notes..groups]

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August 30, 2019 at 11:53 pm #543904
mehazia
Participant
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Dinars 000’s Rate $000’s
Book value of assets 39,750
Fair value (4,000 – 800) 3,200
Total assets 42,950@ 3.4 12,632

in this the step of fair value..nd from where did the 800 come.?..can you please explain
September 3, 2019 at 9:15 am #544415
P2-D2
Keymaster
- Topics: 4
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Is it not the depreciation on the fair value adjustment? 4,000/10 = 400, although I think I’ve accidentally done it for two years when it should be 3 years, sorry!

Thanks
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