document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1175358>Question 1175358</A>: <I><SPAN STYLE=\"word-break: break-all;\"> The statements of financial position of 3 companies on 31 December 2020 were as follows;<BR>\n" );
document.write( "						A		    B			     C<BR>\n" );
document.write( "Tangible Non current assets	 	 1 000 000	           	800 000		1 200 000<BR>\n" );
document.write( "Investments in subsidiaries<BR>\n" );
document.write( "1350 000 ordinary shares in A            2 500 000 	<BR>\n" );
document.write( "80 000 ordinary shares in B	                                    	1 800 000<BR>\n" );
document.write( "100 000 ordinary shares in C                  500 000<BR>\n" );
document.write( "Net assets current assets	              300 000		200 000		250 000<BR>\n" );
document.write( "				           4 300 000	          2 800 000	             1 450 000<BR>\n" );
document.write( "Equity/Liabilities<BR>\n" );
document.write( "Ordinary shares at 1 each 	3 500 000	1500 000		1 000 000<BR>\n" );
document.write( "Retained profits 		200 000	500 000		250 000<BR>\n" );
document.write( "Long term loans 		640 000	800 000		200 000<BR>\n" );
document.write( "				4 300 000    	2 800 000		1 450 000<BR>\n" );
document.write( "A bought its shares in B Ltd on 1 January 2020. B Ltd bought its shares at C Ltd on the same date. On that date the reserves of B Ltd and C Ltd were $200 00 and $100 000 respectively. <BR>\n" );
document.write( "Required <BR>\n" );
document.write( "	     (a) Analysis of subsidiaries of B Ltd and C Ltd on 31 December 2020<BR>\n" );
document.write( "	    (b) A consolidated statement of financial position as at 31 December 2020\r<BR>\n" );
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document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #800959 by </B><A HREF=/tutors/aboutme.mpl?userid=ikleyn><B>ikleyn(52786)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=ikleyn><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/cgi-bin/show-face.mpl?user=ikleyn><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=800959\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> .\r<BR>\n" );
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document.write( "This forum specialization, goal and target is to help school, college and university students in their studies in Math.\r<BR>\n" );
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document.write( "We do not consult in Finance.\r<BR>\n" );
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document.write( "Therefore, you spend your time for nothing posting such problems/assignments as this current post.\r<BR>\n" );
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document.write( "You may post your \"THANKS\" to me for my warning, which may save your time in the future.\r<BR>\n" );
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document.write( "I am open to accept your \"THANKS\".\r<BR>\n" );
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