Bat Ltd holds a 70% interest in Ball Ltd. On 1 July 2019 ball Ltd...
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Accounting
Bat Ltd holds a 70% interest in Ball Ltd. On 1 July 2019 ball Ltd sold a depreciable non-current asset to Bat Ltd at a profit before tax of $18 000. The remaining useful life of the asset at the date of sale was 4 years and the tax rate is 30%.
The impact of the above on the NCI share of profit for the year ended 30 June 2020 is (ignore depreciation):
Select one:
$3 780
$5 400
$18 000
$12 600
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