How much is the carrying value of the Investment in associate-Yellow at Dec 31, 20X2? 2,372,000 2,442,400 2,612,000 12,042,400 On Jan 2, 20X1, ABC acquired 20% of the 400,000 ordinary shares of Yellow Co at P30 per share. The following data are applicable for 20X1 and 20X2: 20X1 20X2 Yellow dividends 40,000 48,000 Yellow profit 140,000 160,000 Yellow share market price at year end 32 31 How much is the carrying value of the Investment in associate-Yellow at Dec 31, 20X1?
On Jan 2, 20X1, ABC acquired 20% of the 400,000 ordinary shares of Yellow Co at P30 per share. The following data are applicable for 20X1 and 20X2:
20X1 20X2
Yellow dividends 40,000 48,000
Yellow profit 140,000 160,000
Yellow share market price at year end 32 31
How much is the carrying value of the Investment in associate-Yellow at Dec 31, 20X2?
2,372,000
2,442,400
2,612,000
12,042,400
On Jan 2, 20X1, ABC acquired 20% of the 400,000 ordinary shares of Yellow Co at P30 per share. The following data are applicable for 20X1 and 20X2:
20X1 20X2
Yellow dividends 40,000 48,000
Yellow profit 140,000 160,000
Yellow share market price at year end 32 31
How much is the carrying value of the Investment in associate-Yellow at Dec 31, 20X1?
2,388,000
2,420,000
2,500,000
12,020,000
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