14. A company has purchased the following non-current assets from foreign suppliers: 1 January 20X7 1...

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14. A company has purchased the following non-current assets from foreign suppliers: 1 January 20X7 1 January 20X9 There have been no disposals and the company depreciates non-current assets on a straight line basis over an estimated useful life of five years. Exchange rates were as follows: A B 01 January 20X7 01 January 20X9 31 December 20X9 What will be the carrying amount of the non-current assets in the statement of financial position at 31 December 20X9? [ [ £ 000 1,000 600 ] ] C[ ] D[ ] $ 640 000 $ 628 000 $1 142 000 $ 480 000 $1:£1 1:1.25 1:1.50 1:1.40 14. A company has purchased the following non-current assets from foreign suppliers: 1 January 20X7 1 January 20X9 There have been no disposals and the company depreciates non-current assets on a straight line basis over an estimated useful life of five years. Exchange rates were as follows: A B 01 January 20X7 01 January 20X9 31 December 20X9 What will be the carrying amount of the non-current assets in the statement of financial position at 31 December 20X9? [ [ £ 000 1,000 600 ] ] C[ ] D[ ] $ 640 000 $ 628 000 $1 142 000 $ 480 000 $1:£1 1:1.25 1:1.50 1:1.40

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