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The Garden group has a reporting date of 31 December 2020 On 30 September 2020, the group disposed of its 80% holding in the ordinary shares of Shed for RM10 million in cash. The disposal of Shed constitutes a discontinued operation The following information relates to Shed: RM'million Goodwill at disposal
The Caddy group acquired 240,000 of August's 800,000 equity shares for RM6 per share on 1 April 2020. August's profit after tax for the year ended 30 September 2020 was RM400,000. On the assumption that August is an associate of Caddy, what would be the carrying amount of the investment in August in the consolidated statement of financial posit
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Bintik Putih bought 30% of Arnie on 1 January 2020, when Arnie had a share capital of 100,000 RM1 shares and RM400,000 retained earnings The consideration comprised one Beasant share for every 3 shares bought in Arnie At the date of acquisition, Bintik Putih's shares had a market value of RM4.50 arid Arnie's had a market value of RM2 At 31 December
ACC6063-ADVANCED ACCOUNTING II Which of the following definitions is not included within the definition of control per MFRS 10 Consolidated Financial Statements? A. Having exposure, or rights, to variable returns from its investment with the investee B. Having the ability to use its power over the investee to affect the amount of the [ 4 I 5
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XX acquired 80% of the share capital of LL on 1 August 2020 and is preparing its group financial statements for the year ended 31 December 2020 How will LL's results be included in the group statement of profit or loss? Select one: A. 100% of LL's revenue and expenses for the period ended 1 August 2020 to 31 December 2020 B. 80% of LL's rev
Part B (40 marks): A department store has asked you to write a C programme that will help them check if their customers have exceeded their credit limit on their charge account. The programme should have the following features: Prompt the user for an account number (4 digits). Prompt the user for the account credit limit. Prompt for the last
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Case Study Phua Chu Kang Ltd (PCK) is a leading commodity trading company headquartered in Singapore. Crocodile Dundee Ltd (CD) is a company that processes, packs and sells soybeans from over 20 farms across Australia. PCK purchased 100 metric tons of “Australian grown non-GMO (non-Genetically Modified) soybeans” from CD. The purchase
Questions 1,2,3 carry 2 marks each and question 4 carries 3 marks. Total 9 marks. Answer ALL questions. 1. Use intermediate value theorem and mean value theorem to show that the graphs of y = cos x and y = x + 2 intersect exactly once. 2. A 2.6 m ladder is leaning against a wall when its base starts to slide away. By the time the base is
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HE3002 Take-home Quiz Instructions: 1) Do the following 5 questions in 48 hours as a take-home assignment. 2) Discussions around peers are strictly NOT allowed. 3) Please make sure to write down your matric number and your name. 4) Please present your detailed workings in the submission, and they may be useful if your final answer is wrong, then I
Task - A critique of the response from ChatGPT 1) Read the following extract of an article adapted from: Browne, R., 2020. ‘Wirecard auditors face legal action after collapse of scandal-hit payments firm’. Available from: httos://www.cnbc.com/2020/06/26/wirecard-investor group-files- criminal-come laint-against-e /-auditors.html Wirecard’
