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Alpha Company and Blueberry Company The following draft statement of the Financial Position of Alpha Company and its subsidiary Blueberry Company as of 31st December
Alpha Company and Blueberry Company The following draft statement of the Financial Position of Alpha Company and its subsidiary Blueberry Company as of 31st December 2022 are given below: Alpha Company Blueberry Company Assets OMR OMR Noncurrent assets Tangible assets 480,000 110,000 Investments: Blueberry Company 220,000 Current assets Inventories 219,600 75,600 Trade receivables 290,400 140,700 Cash and cash equivalents 60,000 75,450 Total Assets 1,270,000 401,750 Equity and liabilities
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