You are on page 1of 1

QUESTION 6 :

The following table gives a summary of the balance sheets of Entities A and B:
Entity A Entity B Entity A Entity B
Elements (CFAF) (CFAF) Elements (CFAF) (CFAF)
Fixed assets 24,180,000 24,000,000 Social capital 30,000,000 25,000,000
Shares 2,080,000 1,800,000 Reserves 2,660,000 5,585,000
Stocks (1) 3,800,000 1,875,000 Supplier 5,700,000 5,250,000
Customers (2) 6,000,000 7,140,000
Cash and equivalent 2,300,000 1,020,000
Total 38,360,000 35,835,000 Total 38,360,000 35,835,000
(1) Stocks were overvalued by 25% in Entity B.
(2) They exist a provision of 140,000 on customer in Entity B
Other information:
- Nominal value of shares in Entity A 10,000F
- Nominal value of shares in Entity B 20,000F
- Shares of Entity A represents 100 shares of Entity B and Shares of Entity B represents 180
shares of Entity A

Required:
a) Brief define mathematical value
b) Calculate the mathematical value of each entity

You might also like