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At 02:49, why was 50,000 deducted? Would we not deduct the ownership % i.e. 50,000*90%???? Please help.
Have you understood ANYTHING from the previous 3 chapters and particularly how we calculate goodwill on acquisition?
Can I ask you to look at this again and, if you still have a problem, post your question on the “Ask the tutor” bit of the F7 forum and I’ll get back to you
I do not understand the figure 9 in receivables and retained earnings could someone please elaborate, thank you.
@ai1989, I know for a fact it is dividend receivable but where does it come from?
@ai1989, What about 90% of Kristina’s dividend?
@MikeLittle, OH oh I got it since laimonas has acquired 90% shares in kristina, he would get 90% of 10,000 dividend proposed by kristina…… right and btw I have been listening to F4 and F7 lectures and they seem like a lifeline thank you very much mike.
You are the best tutor for f7. It is clear and understandable.Thanks for your efforts.
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