a) You are analysing the potential purchase of 100% Uber Malaysia Berhad by your company, Grab Malaysia Berhad. The information below is provided. Your company, Grab Malaysia Berhad pays in cash RM220,000 for Uber Malaysia Berhad and the cash is obtained via long term borrowing. Grab Malaysia Uber Malaysia Historical Value Historical Value RM'000 RM'000 80 60 100 30 70 20 60 10 390 160 Uber Malaysia Fair Value RM'000 60 70 40 80 Current Assets Land Plants, net Equipment, net Cash Total assets 35 30 10 205 60 240 150 60 100 Current liabilities Shareholders' equity Total Liabilities and equity 390 160 Required: Prepare a consolidated balance sheet for the above acquisition b) What are the major accounting distortions for debt securities investment? c) Does Air Asia Berhad enter with Oil Future Contract is perceived as hedge strategy? Justify your