B Ltd leased equipment over four years making yearly payments of £15,000 in arrears. If annual interest rates are 8% and license fees to operate the equipment cost the lessor £8,000, calculate the right-of-use value in B's accounts. A) £27,910 B) £34,109 £57,682 £64,578 A ltd purchased 80% of B Ltd for £340,000 when B's net assets were £240,000, and B's property was revalued by £120,000. Calculate the goodwill arising. A) £76,000 B) £52,000 £38,000 £24,000 A Ltd's acid test ratio amounts to one third of the current ratio. Current assets were £90,000. Calculate the amount of inventory held in current assets. A) £25,000 B) £30,000 £45,000 £60,000 S Ltd purchased 45% of V Ltd when the latter company was formed. V's reserves at the end of this year equal £80,000 and S paid £120,000 to acquire V's shares. Calculate the investment in V to be disclosed in the accounts of S. A) £ 80,000 B) 시티이미 £ 90,000 £120,000 £156,000 P Ltd bought equipment (cost £90,000) which sustained damage in its 5th year of business use. The asset life was 10 years. After the damage, remaining life was reduced to 3 years & value-in-use to £30,000. Current scrap value is £10,000. Calculate asset impairment. A) £24,000 B) £22,000 £18,000 D) £10,000