arianacool7612 arianacool7612

12-08-2024
Business

Answered

Multi plc acquired 80% of share capital of Focus Inc on 30/06/20X2. Revenue of Multi plc and Focus Inc for the year 20X2 (from 01/01/20X2 to 31/12/20X2) was £40 million and £10 million, respectively. Assuming the revenue stream of Focus Inc was stable throughout 20X2, what was consolidated revenue for the year?

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