hi,
please look at this extract from answers to chakula co:
total corporate value: 1882.7m
value attributable to equity: 75%*1882.7m= 1412.0m
question, where is this 75% from?
thanks.
Ask the Tutor ACCA AFM
march/june 2021 chakula co.
1882.7 is the corporate value of KAWA co
And kawa has 1200.5 (2000*2.45*24.5%) equity and 400 debt so the equity percentage is 1200.5/(1200.5+400) = 75%
4y ago#2meeruraj: Please do not answer in this forum because it is the Ask the Tutor Forum (but please do help in the other AFM forum :-) )
Abdulla1312: What meeruraj has written is correct.
thank you. got it.
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