(1 700 000 – 1 450 000) x 9% x 10/12 = 18 750
Neptupe is depreciating the machine, therefore the depreciation should be eliminated from Neptune
, Question 2
Use the scenario to answer the following question.
The intragroup portion of arrear preference dividends up to the beginning of the current
year amounts to:
1. R45 581
2. R32 175
3. R42 900
4. R60 775
Uranus owns: 45 000/60 000 shares = 75%
Total preference dividend declared and paid= 103 675
Less Preference dividend for current year = 390 000 x 11% = 42 900
Intragroup preference dividend in arrear up to beginning of current year = (103 675 – 42 900) x 75% = R45 581
Question 3
Use the scenario to answer the following question.
In the current group context, other components of equity in the consolidated statement of
financial position comprises:
1.
Ordinary share capital, preference share capital, the revaluation surplus, retained earnings
and the non-controlling interests
2.
Only the revaluation surplus
3.
Ordinary share capital, preference share capital, the revaluation surplus and retained
earnings
4.
Ordinary share capital, the revaluation surplus and retained earnings
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through EFT, credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying this summary from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller christophr0924. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy this summary for R50,00. You're not tied to anything after your purchase.