Question: Question H3 20 marks Consider the following data for intercorporate investments: All sales and purchases are assumed to occur on January 1. Price may vary

Question H3 20 marks Consider the following data for intercorporate investments: All sales and purchases are assumed to occur on January 1. Price may vary from price on previous day (December 31). Investee eps (earnings per share); Investee dividend per share (dps) Consider Trading, and the Equity method for classifying investment Required: a. Show the B/S carrying amount for each of the 2 years if the investment is classified as TRADING, and EQUITY METHOD (Show caiculations) (8 marks)

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