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The Balance Sheets of Yellow plc and Green plc immediately after the purchase of 100% of Green are as below. Yellow Green 100 20 Tangible
The Balance Sheets of Yellow plc and Green plc immediately after the purchase of 100% of Green are as below. Yellow Green 100 20 Tangible Fixed Assets Investment Goodwill 40 Current assets 130 30 Current Liabilities -50 -10 220 40 Total Net assets Share Capital Reserves 150 25 70 IS 220 40 Reserves and investment included in the consolidated balance sheet of the group immediately post acquisition are: 85,0 B) 70,0 55.40 D) None of the above
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Forensic And Investigative Accounting
Authors: G. Stevenson Smith D. Larry Crumbley, Edmund D. Fenton
10th Edition
9780808056300
