A Ltd acquired a 60% shareholding interest in B Ltd in 20x4. B Ltd acquired a...
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A Ltd acquired a 60% shareholding interest in B Ltd in 20x4. B Ltd acquired a 30% shareholding interest in C Ltd in 20x5. A Ltd acquired a 30% shareholding interest in C Ltd in 20x6. For the year ended 31 December 20x8, A Ltd, B Ltd and C Ltd each reported "Profit after tax" of $100,000. The "Profit attributable to shareholders of the parent company" to be reported in A Ltd's consolidated statement of profit or loss and other comprehensive income for the year ended 31 December 20x8 should be: $220,000. None of the listed choices. $300,000. $208,000. $200,000. A Ltd acquired a 60% shareholding interest in B Ltd in 20x4. B Ltd acquired a 30% shareholding interest in C Ltd in 20x5. A Ltd acquired a 30% shareholding interest in C Ltd in 20x6. For the year ended 31 December 20x8, A Ltd, B Ltd and C Ltd each reported "Profit after tax" of $100,000. The "Profit attributable to shareholders of the parent company" to be reported in A Ltd's consolidated statement of profit or loss and other comprehensive income for the year ended 31 December 20x8 should be: $220,000. None of the listed choices. $300,000. $208,000. $200,000.
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Related Book For
Probability and Stochastic Processes A Friendly Introduction for Electrical and Computer Engineers
ISBN: 978-1118324561
3rd edition
Authors: Roy D. Yates, David J. Goodman
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