JKL measure gearing as debt:equity, based on book values. At 31 December 20X5 the ratio is 2:3 and JKL would like this to be 2:5.Which of the following transactions individually would achieve this?
Answer(s): B
Which of the following actions should XY's management take in order to reduce its investment in working capital?
Answer(s): A
XY acquired 75% of the equity shares of LM on 31 December 20X3. LM acquired 60% of the equity shares of JK on 31 December 20X4 for $950,000. XY measured the non controlling interest in JK at the date of acquisition using the proportionate share of the fair value of the net assets acquired. The fair value of JK's net assets was $850,000 at 31 December 20X4.What is the value of goodwill that XY will include in its consolidated statement of financial position at 31 December 30X4 in respect of JK as a result of gaining indirect control?
Which of the following is the correct calculation for basic earnings per share in accordance with IAS 33 Earnings Per Share?
Answer(s): C
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frencis Commented on December 24, 2024 the questions are so easy...is real Anonymous
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