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Exam F2 All Questions
Exam F2 All Questions

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CIMA Management F2 Question # 38 Topic 4 Discussion

F2 Exam Topic 4 Question 38 Discussion:
Question #: 38
Topic #: 4

AB acquired 90% of the equity of YZ on 31 December 20X2. On the same date YZ acquired 60% of the equity shares of VW for $750,000.  AB has no other subsidiaries.

The following information regarding YZ and VW was available:

  F2 Question 38

What amount will AB include in its consolidated statement of financial position in respect of non controlling interest at 31 May 20X6?


A.

$816,400


B.

$741,400


C.

$840,600


D.

$811,000


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