CorrectText
LKacquired 100% of the equitysharesof TU on 1 January 20X4. LK disposed of 60% of TU for 2,400,000 on 30 September 20X4.The sale proceedsreflectedthe fair value of TU's shares on that date.
The remaining 40% shareholding gave LKthe ability to exercisesignificant influence overthe activities ofTU. TUreported profit of $1,800,000 for the year ended 31 December 20X4 and this accrued evenly throughout the year.
Calculate the investment in associatethat will be presented inLK's consolidated statement of financial position as at 31 December 20X4.
Give your answer to the nearest whole $'000.
$ 000
CorrectText
Calculate the value ofnon controlling interestthat will be presentedinKL's consolidated statement of financial position at 31 December 20X9?
Give your answer to the nearest whole $'000.
$? 000
CorrectText
InrecentyearsEBITDAhasbeenadoptedbylargeentitiesasakeymeasureofperformance.
The following figures have been extracted from the financial statements of UV for the year ended30 November 20X9:

What is EBITDA for UV for the year ended 30 November 20X9?
Give your answer to the nearest $'000.
CorrectText
InrecentyearsEBITDAhasbeenadoptedbylargeentitiesasakeymeasureofperformance.
The following figures have been extracted from the financial statements of UV for the year ended30 November 20X9:
What is EBITDA for UV for the year ended 30 November 20X9?
Give your answer to the nearest $'000.
$? 000