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Hello tutor!:D
I have a few doubts which I am struggling with. There is an exercise in pg.107 but I dont understand how the income tax in calculated. Why is deducted the inventory adjustment in 2006 and added in 2007?
In the page165, why the total equity is 104000? I understand how it is calculated the non controlling interest but how the retained earnings are calculated?
Page 170: when added on acquisiton of subsidiary I dont know how to get the 52k of retained earnings.
Thanks
Esther
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