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Dear Tutor,
could you please explain the impact of the sale of EV clubs on current assets and PPE. I can not figure out where the numbers come from.
Current assets adjustment = $2,347m + $7,674m – ($2,166m x 1·5) = $6,772m
PPE adjustment = $6,772m – $3,200m = $3,572m
Thank you.
Have a look at my answer to a similar question about Eview Cinemas of two days ago.
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