SBR, September 2018, Q1(ii)

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December 5, 2020 at 10:22 am #597736
Agata
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Unclear of the calculation of CV of investment in associate just prior disposal.
I have 18+40%*(50-44)=20.
Answer says: $20·4 million ($18 million + 40% x $50 million – $44 million), why? Thank you!
December 5, 2020 at 12:55 pm #597749
Stephen Widberg
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I think you have added across wrong – just check it again – 40% of 6 is 2.4

(In future please put more detail in thread header – e.g. CA of associate – to help other students search
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