Duration of programme: XX m x Duration of programme: XX mox Mail Sultan Mohamed Ahme X M a/courses/ 35546_1/cl/outline Remaining Time: 45 minutes, 41 seconds. Question Completion Status: QUESTION 10 In respect to the investment in 60% of the share capital in DAC Enviro Ltd (DAC): JJ Victory purchased 1.2 million (of DAC's 2.0 million issued share capital.) on 1 April 2021 In addition to the 45.0 million cash paid on the acquisition date, JJ Victory issued a one for eight share exchange. The market value of JJ Victory shares on 1 April 2021 was 72.21 per share. The market value of JJ Victory shares on 30 September 2021 was 76.12. You confirm future payments of 20 million are payable in 2 years after acquisition (1 April 2023). JJ Victory applies discount rate of 7% on future payments and pro-rates finance costs charged in the period. Question: The cost of investment in DAC Enviro Ltd. which should be recognised in the statement of financial position of JJ Victory at 30 September 2021 is: Please state you answer in millions to the nearest 0.1 million Include only the numerical answer. DO NOT input currency signs (e.g. ) or words (e.g. 'million') QUESTION 11 In respect to the investment in 60% of the share capital in DAC Enviro Ltd (DAC): Click Save and Submit to save and submit. Click Save All Answers to save all answers. 80 F3 54 S DOD 000 F4 R % 95 0 F5 F6 96 T Y F G J & 7 > 11 F7 F8 F9 U * 8 HT J 9 K