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Company Bar has an investment in the following entities: i) Company Bar acquires 287 100 of the 759 000 ordinary R1 share capital in Entity

Company Bar has an investment in the following entities: i) Company Bar acquires 287 100 of the 759 000 ordinary R1 share capital in Entity JB; ii) Company Bar acquires 144 210 of the 759 000 ordinary R1 share capital in Entity FW. Entity JB's after tax profits for the period are R340 000. Entity FW's after tax profits are R368 000. What is Company Bar's share of the profit with regard to its associates? Select one: O a. R340 000 b. R368 000 O C. R69 920 d. R182 120 e. R112 200

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