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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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