post acquisition profits

This topic has 3 replies, 2 voices, and was last updated 3 years ago by Stephen Widberg.

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October 26, 2022 at 4:03 am #669990
Frooti
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Chuckle co dec 2021
Part 1)b
As the remaining increase in net assets is due to profits (i.e. $50 million
($348m – $286m – $12m)),
why they included 12 m why not 15?
October 27, 2022 at 9:47 am #670110
Stephen Widberg
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Please give enough detail so that other users of this forum can understand what you are asking without having to refer to the question.
For example, what is the 15
Assuming, as always, that you have watched my debrief
October 30, 2022 at 6:59 am #670277
Frooti
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revaluation gain is 15 and revaluation gain post tax is 12.
October 31, 2022 at 10:02 am #670402
Stephen Widberg
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I have just checked my lecture where this is explained. Please watch it again (in Revision Kit Live)
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