PharmCo is a pharmaceutical company operating in Windhoek Namibia. In 2015, while the economy was still booming, PharmCo possessed some liquidity that it invested in government bond that it intend to hold. The investment has a maturity of 10 years and will be redeemed at N$450 000. The investment has a coupon rate of 10% and the rate on similar debt in the market is 12%. The sum of N$10 000 was incurred as legal fees at the time of purchase of the bond. During recession in 2017 PharmCo fortune dwindled and was facing a liquidity problem, the board of PharmCo met on the 1st September 2017 and decided to change the motive of the investment to hold, to sell and collect. That way PharmCo will be able to sell at the earliest time possible where the need arises. The change however did not come to effect until the 28 February 2018.

A) What is the amount recognized to the investment on acquisition? B) What was the interest amortized to the financial asset at the year end 31 December 2017? C) What is the total interest income before the reclassification date? D) What is the date of reclassification? E) What Carrying amount transferred at reclassification?

raga Use the following to answer question 6-10 PharmCo is a pharmaceutical company aperating in Windhoek, Naritia in 2015 write the economy alboom Pham pnced some liquidity that it's invested in a government bond that is intended to hold. The restment of 10 will be redeemed at N5450 000. The investment to coupon rate of 10and the rate on similar debe in the market is the of NS1000 was incurred as legal fees at the time of purchase of the bond. Ourrg recession in 2017 Puma fortuna de was facing a liquidity problem the board of Pharmoon the of September 2017 and decided to change the move the mestment to hold to sell and collect. That way. ThamCo will be abl to see the rest time posible where the need on the change, however did not come to effect until the enth of February 2018 What is the amount recognized for the investment adquisition DNR54259 1264259 O None of the option NS393 159 THERE the theolowany town 10 Parois maceutical company owing Windeln 2015 while the economy in the possed some liquidity that is ingement bond that time to hold Thierry will be redeemed at $450. The investment has upon rate of 10% and the hondettistem at N$10 000 wincurred as legal focs at the time of purchase the ben buning recen 2017 Hur.Co forte was erguidty problem the board of Placement of Septemer 2017 and decided that the nvestment to hold to sell and cast. That way. Pamo will be able to all the late pot whether the chang however did not come to lecture of Fry 2016 W wied to the trailer the year and the Stater December 2017 ONS N54099 No of me on - N15 159 Wow ana Use the following to a question 6-10 Fumois a purtat company operate in Windhoek Nami in 2015 while the economy in the posested some linud that it's need nagevermont band that is intended to hold the mistamine will be redeemed at NS450 000. The investment has a coupon se af 10% and the rate on smart in the moon The of NS10 000 was incurred as gallers at the time of purchase of the band Durg in 2017 mohammed wwfacing aliquidly problem the board of Comet orth of September 2017 and decided to change theme of weten to hold to sel and colect. That way. Po wie alle toel at the lettime ple where the change however did not come to effect and the oth of February 2016 Wmatic theoreticonceved before the redonda NS15433 ONS199 991 DILN520142 DN204575 None of the option you ouro a MESTRE Phamois a pharmaceutical company operating in Windhoek Nobis in 2015 while the economy was loomingute posed some liquidity that its invested in a government bond that is intended to holt. The intent has a maturity of will be redeemed at N5450 000. The investment has a coupon rate of 10% and the rate on miler det i 19. The of N510 000 was incurred as legal fees at the time of purchase of the band. During recession in 2017 PhamCareerde was facing a liquidity problem the board of PharmCo mnot on the 1" of September 2017 and decided to change the more investment to hold to sell and collect. That way. Pharm will be able to set the carst time possible whether the change, however, did not come to time until the 20th of February 2011 What is the date of reclassification! The tal of September 2017 The 20th of February 2018 Ot. None of the options The 1st of January 2019 Od The of December 2017 The tatoanuary 2010 Access 10 Phamois a pharmaceutical company operating in Windhoek Namibia in 2015 with the most inte possessed some liquidity that it's invested in a went bond that intended to hold the investment 10 y will be redet NS450 000 The investment has a coupon raten 10 and the rate on similar delt in the 12 The of NS1000 was incurred legal foes at the time of purchase of the trend Duning recension in 2017 Promo fortune was fading alqudy patient ind of PhamComet on the September 2017 and deudachange theme investment to hold to sell and collect. That way, Pramowl ble to see it one pois where the needs. The change lowever did not come to effect until the hof Pebruary 2014 computation to four door What are amount transferred tisation ON5417849 06 NS415200 OcN5+28 750 N1 422 991 berton 6 Not yet wered Marked out of 50 Friegralar Use the following to answer question 6-10 PharmCo is a pharmaceutical company operating in Windhoek, Namibia. In 2015 while the economy was still booming Pharma possessed some liquidity that it's invested in a government bond that it's intended to hold. The investment has a matunty of 10 years will be redeemed at NS450 000. The investment has a coupon rate of 10% and the rate on similar debt in the market is 12%. The sum of N$10 000 was incurred as legal fees at the time of purchase of the bond. During recession in 2017 PharmCo fortune dwindled and was facing a liquidity problem. the board of PharmCo met on the 1 of September 2017 and decided to change the motive of the investment to hold to sell and collect. That way, PharmCo will be able to sell at the earliest time possible where the need anses. The charge, however, did not come to effect until the 28th of February 2018 What is the amount recognized for the investment on acquisition OaN5254 259 ObN5264 259 c None of the options d N5399 159 e. N5409 159 Question 10 Marina 3.50 PharmCo is a pharmaceutical company operating in Windhoek Namibus. In 2015 while the economy was still booming Pharmco possessed some liquidity that it's invested in a goverment bond that it's intended to hold. The investment has a matunty of 10 years will be redeemed at NS450 000. The investment has a coupon rate of 10% and the rate on similar debt in the market is 12%. The sum of N$10 000 was incurred as legal fees at the time of purchase of the bord. During recession in 2017 PharmCo fortune dwindled and was facing a liquidity problem the board of Pharma met on the 1" of September 2017 and decided to change the motive of the investment to hold to sell and collect. That way. PharmCo will be able to sell at the earliest time possible where the need ises. The change, however, did not come to effect until the 28th of February 2018. Nh all computations to four decimal places What carrying amount transferred at reclassification date! a. N5417 549 b. N5435 200 OcN5428 750 d. N5 422 991 7 hot yet arted out O rue Gestion Use the following to answer question 6-10 PharmCo is a pharmaceutical company operating in Windhoek, Namibia in 2015 while the economy was still booming Pumco possessed some liquidity that it's invested in a government bond that it's intended to hold. The investment has a maturity of 10 years will be redeemed at N5450 000. The investment has a coupon rate of 10% and the rate on similar debt in the market is 12%. The sum of N$10 000 was incurred as legal fees at the time of purchase of the bond. During recession in 2017 PharmCo fortune dwindled and was facing a liquidity problem the board of PharmCo met on the 1" of September 2017 and decided to change the motive of the investment to hold to sell and collect. That way, PharmCo will be able to sell at the earliest time possible where the need arises. The change. however, did not come to effect until the 28th of February 2018. What was the interest amortised to the financial asset at the year end the 31st of December 2017 0 N54591 OD N54 099 c None of the options a $5759 N55 142 Question Not yet awwered Marted out of 100 Pation Use the following to answer question 6-10 PharmCo is a pharmaceutical company operating in Windhoek Namibia. In 2015 while the economy was still booming PharmCo possessed some liquidity that it's invested in a government bond that it's intended to hold. The investment has a maturity of 10 years will be redeemed at NS450 000. The investment has a coupon rate of 10% and the rate on similar debut in the market 12%. The sum of N$10 000 was incurred as legal fees at the time of purchase of the bond. During recession in 2017 PharmCo fortune dwindled and was facing a liquidity problem, the board of PharmCo met on the 1" of September 2017 and decided to change the motive of the investment to hold to sell and collect. That way. PharmCo will be able to sell at the earliest time possible where the need arises. The change, however did not come to effect until the 20th of February 2018 What is the total interest income received before the reclassification date? a. NS154 433 Ob. N5199 591 Qc NS201 42 Od.N5204 575 0 None of the options son 9 Not Marund out of aso Pagestion PharmCo is a pharmaceutical company operating in Windhoek Namibia in 2015 while the economy was still booming Pharma possessed some liquidity that it's invested in a government bond that it's intended to hold. The investment has a maturity of 10 years will be redeemed at N$450 000. The investment has a coupon rate of 10% and the rate on similar debt in the market 12% The sum of NS10 000 was incurred as legal fees at the time of purchase of the bond. During recession in 2017 PharmCo fortune dwindled and was tacing a liquidity problem the board of PharmCo met on the 1" of September 2017 and decided to change the motive of the investment to hold to sell and collect. That way. PharmCo will be able to sell at the earliest time possible where the need roes The change, however, did not come to effect until the 28th of February 2018 What is the date of reclassification? 0. The 1st of September 2017 The 28th of February 2010 b. None of the options c. The 1st of January 2019 d. The 1st of December 2017 The 1st of January 2016