When Solaris acquired Hydro on Jan 1, 2020, it was determined that a building, which had a carrying value in Hydro's accounts of 43 MSEK, had a fair value (estimated consolidated acquisition cost) of 56.6 MSEK.
The building's remaining useful life was 20 years, and the tax rate 20%.

 What is the value of the building in the consolidated accounts at the end of 2024?

Answer rating: 100% (QA)

Calculation Building Value at the end of 2024 Fair Value on Jan 1 2020 x 1 Accumulate... View the full answer