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could you please explain thoroughly how to solve it, I have a ready answers but dont know how they got it? A company has two
could you please explain thoroughly how to solve it, I have a ready answers but dont know how they got it?
A company has two investments. One, an investment in listed shares, is an available for sale financial asset. The current market value is 6,000 but the shares were bought for 10,000 The other is an investment in a three year bond with an amortised cost of L120,000 with a stated and effective interest rate of 7 (current market rates are 104 Butter two years the entity is not expecting the last year's interest and expects only all of the principal What impartment should be recorded in the areas of the companyStep by Step Solution
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