Wonder plc owns 100% of Miracle Ltd. The following

Wonder plc owns 100% of Miracle Ltd. The following information has been extracted from the individual company statements of financial position as at 31 December 2016.

Included in the receivables of Wonder plc and the payables of Miracle Ltd is an amount of 6,000 owed to Wonder plc by Miracle Ltd. If there are no other intra-group balances, what amount would be shown for consolidated current assets? 

356,000 

  • 344,000
  • 149,000 
  • 350,000