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Dabothy Bhd holds a portfolio of debt instruments within a business model whose objective is to collect the contractual cash flows that are solely payments
Dabothy Bhd holds a portfolio of debt instruments within a business model whose objective is to collect the contractual cash flows that are solely payments of principal and interest on the principal amount outstanding. Which of the following instruments may be eligible for amortised cost measurement? (Select one or moreoptions) convertible bond inverse floating rate bond bond paying LIBOR multipled by 1.2 6.5% bond zero-coupon bond issued at 90 percent of the notional value Cucumber Bhd purchased 8,000 ordinary shares of Celery Bhd for trading purposes for RM36,800 and accounted the investment as FVTPL. The transaction cost is RM1,600. During the year, Celery Bhd paid a cash dividend of RM1.20 per share. At year-end, Celery's shares were selling for RM6.40 per share. What is the amount of income generated from investment in Celery Bhd for the year ended 31 December? O RM9,600 O RM14,400 O RM12,800 O RM22.400 O RM24,000 O All answers all incorrect
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