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) On the 1 July 2013 Ashtor ltd sells goods worth $800 000 to Bokker plc for $500 000. The sales agreement states that Ashtor

) On the 1 July 2013 Ashtor ltd sells goods worth $800 000 to Bokker plc for $500 000. The sales agreement states that Ashtor ltd is entitled to repurchase the goods on 30 June 2016 for $500 000 plus compound interest calculated at 10 per annum and it is expected that repurchase will in fact occur

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