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DQuestion 1 1 pts On 1 October 2015, Alga Co purchased 75,000 of Binga Co's 100,000 equity shares when Binga Co's retained earnings amounted to

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DQuestion 1 1 pts On 1 October 2015, Alga Co purchased 75,000 of Binga Co's 100,000 equity shares when Binga Co's retained earnings amounted to 90,000. On 30 September 2017, extracts from the statements of financial position of the two companies were: Alga Co Binga Co Equity shares of 1 each 125 Retained earnings Total 100 150 250 300 425 What is the total equity attributable to the owners of Alga Co that should appear in Alga Co's consolidated statement of financial position as at 30 September 2017? 125,000 D 470,000 345,000 E537.500

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