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Financial accounting help please Your answer is partially correct. Try again. How will this investment affect Swifty's GAAP statement of financial position if Swifty acquires
Financial accounting help please
Your answer is partially correct. Try again. How will this investment affect Swifty's GAAP statement of financial position if Swifty acquires a 40% Interest, assuming Swifty applies IFRS? Indicate the immediate effect on Swifty's total assets, total liabilities and shareholders' equity. (Enter answers in millions. Do not leave any answer field blank. Enter o for amounts and no effect for effects. If an amount reduces the account balance then enter with negative sign.) Assets Liabilities Shareholders' equity 2.20 Invest in Associate million million million million million million million million LINK TO TEXT your answer is correct. How will this investment affect Swifty's GAAP statement of financial position if Swifty acquires a 60% Interest, assuming Swifty applies IFRS? Indicate the immediate effect on Swifty's total assets, total liabilit and shareholders' equity. (Enter answers in millions. Do not leave any answer field blank. Enter o for amounts.) Assets Liabilities Shareholders' equity Invest. in Associate million million Cash No Effect million million million 20.70 T 18.50 2.20 million million million by Corp is fong a decision only try whether to purchase of the beloft shares her 2.0 e c s we uing Suitcase r e 1850 the comp o sers Your is party Tryo er Hi and share 40 ank Enero r y e storech. Your answer is partially correct. Try again. How will this investment affect Swifty's GAAP statement of financial position if Swifty acquires a 40% Interest, assuming Swifty applies IFRS? Indicate the immediate effect on Swifty's total assets, total liabilities and shareholders' equity. (Enter answers in millions. Do not leave any answer field blank. Enter o for amounts and no effect for effects. If an amount reduces the account balance then enter with negative sign.) Assets Liabilities Shareholders' equity 2.20 Invest in Associate million million million million million million million million LINK TO TEXT your answer is correct. How will this investment affect Swifty's GAAP statement of financial position if Swifty acquires a 60% Interest, assuming Swifty applies IFRS? Indicate the immediate effect on Swifty's total assets, total liabilit and shareholders' equity. (Enter answers in millions. Do not leave any answer field blank. Enter o for amounts.) Assets Liabilities Shareholders' equity Invest. in Associate million million Cash No Effect million million million 20.70 T 18.50 2.20 million million million by Corp is fong a decision only try whether to purchase of the beloft shares her 2.0 e c s we uing Suitcase r e 1850 the comp o sers Your is party Tryo er Hi and share 40 ank Enero r y e storech
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