Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
The consolidated income statement for AB Group for the year ended 30 June 2010:
(all amounts in the workings are in $000, unless stated otherwise)
$000
Revenue (2,000 + 1,500)
3,500
Cost of sales (1,200 + 1,000)
(2,200)
Gross profit
1,300
Distribution costs (400 + 120)
(520)
Administration expenses (240 + 250 + 30 (W1) + 20 (W2))
(540)
Share of profit of associate (W3)
13
Profit before tax
253
Income tax expense (50 + 40)
(90)
Profit for the year
163
Attributable to:
Equity holders of the parent
155
Non-controlling interest (W5)
8
W3 Share of profit of associate
Profit after tax of EF
100
Pro-rata from date of acquisition - 9 months
75
Less unrealised profit on sales to AB (W4)
(10)
65
20% group share
W4 Unrealised profit on inventories
Sales value of goods in inventories at year end (80 x ½ )
40
Unrealised profit at 25% margin
10
W5 Non-controlling interest
Profit for the year for CD (as reported)
90
Additional depreciation on fair value uplift
(20)
Goodwill impairment
(30)
20% NCI share
The Total Investable Capital Market Portfolio According to a report prepared by McKinsey in January 2007, World financial assets including bonds, stocks, corporate debt securit
Q. Evaluate optimum price of the new machine? The optimum price will be the one which optimises total contribution over the five-year life of the new machine. Sales price o
Typically in a bond, we find an inverse relation between the price and the required yield. We know that the price of the bond is the present val
A paper mill produces two grades of paper viz., X and Y. Because of raw material restrictions, it cannot produce more than 400 tons of grade X paper and 300 tons of grade Y paper i
Why do businesses spend time, effort, and money to produce forecasts? Explain. Businesses succeed or fail relies on how well organized they are to deal with the situations they
Balance Sheets Peony Ltd. Aster Ltd. Assets: Cash $ 62,500 $
Why do analysts calculate financial ratios? Ratios are comparative measures. For the reason that the ratios show relative value, they permit financial analysts to compare inf
Eurodollar U.S. currency held on deposit in banks located outside the United States, mainly in Europe. Eurodollars are mostly used for settling international transactions outs
Optimal Portfolio Selection: The next step involves selecting the optimal portfolio. The strategic asset allocation will have overriding importance in pension fund management.
What are the main elements of capital budgeting decisions There are three elements of capital budgeting decisions (i) long-term assets and their composition (ii) business
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +91-977-207-8620
Phone: +91-977-207-8620
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd