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in 3 question, retained earning calculation part for post acquisition of data why we take 60 %?? isn’t 80%? since data has further acquired 20% more
Hi,
I’ve not got the kit to hand but if the extra 20% were acquired on the last day of the reporting period then we have had 60% ownership for the post-acquisition period to date. The 80% will be accounted for in the next accounting period.
Thanks
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