Jen holds 30% shares of Ben, which it acquired on July 1, 2016 for $4.1 million. At that time, the retained earnings of Ben were $6.2 million. On December 31, 2019, the retained earnings reached $9.2 million. Calculate the amount for inclusion in the consolidated statement of financial position of Jen for the year ended 31 December, 2019.

Answer rating: 100% (QA)

The amount for inclusion in the consolidated statement Shares worth ... View the full answer