Question: Question 9 TOPIC 6 - FINANCIAL INSTRUMENTS Not yet answered Below is an extract from Richman Ltd's investment register. It provides information about two different

Question 9 TOPIC 6 - FINANCIAL INSTRUMENTS Not yet answered Below

Question 9 TOPIC 6 - FINANCIAL INSTRUMENTS Not yet answered Below is an extract from Richman Ltd's investment register. It provides information about two different groups of shares Richman Ltd owns. Marked out of 3.00 Flag question Purchase price Transaction costs at acquisition date Investment Designation at acquisition date Date Number of shares acquired $ 98583 A Ltd B Ltd 1,800 FV through OCI Held for trading $ 200,000 180,000 1-Jul-19 1-May-21 102499 1566 The fair value of shares are: B Ltd 30-Jun-20 30-Jun-21 A Ltd $2.50 $1.95 na $1.63 Calculate the net impact in profit for the year ended 30 June 2021 rising from the above investments. PLEASE ENTER YOUR ANSWER IN WHOLE NUMBERS WITH NO COMMAS OR DOLLAR SIGNS (EG $1,000,000 SHOULD BE SHOWN AS 1000000). IF YOU CALCULATE A LOSS PLEASE SHOW THE NUMBER WITH A"-"SIGN (EG "-1000" FOR A LOSS OF $1,000)

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