Example 4 – Chapter 4 Notes

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October 23, 2016 at 5:36 pm #345719
benaghos
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Hello,

For the above example in which Raimonda sold 60% of the shares it previously acquired in Dainius.
Please can you explain how you arrived at Raimonda new ownership of 32% because I assumed it will be 20% after the disposal.
October 26, 2016 at 8:26 pm #346172
P2-D2
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Hi,

The key is that it states they’ve sold 60% of the investment. If the investment is currently 80% then if we’ve sold 60% of that we’ve sold 48% (60% x 80%), thus leaving us with 32%.

Thanks
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