Consolidations – Simple Groups Example 4

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  1. Avatar of maveggie maveggie says:
    September 24, 2012 at 2:17 pm

    can someone show me how we arrive at 18267 nci

  2. Avatar of simsimma simsimma says:
    September 7, 2012 at 1:41 pm

    hi mike i wanted to ask that shouldn’t tax be split according to the profit in pre and post i.e. 1500:3500 instead of 5:7 as tax is directly related to profit.
    thanks sim

    • Avatar of MikeLittle MikeLittle says:
      September 7, 2012 at 3:08 pm

      @simsimma, which question?

    • Avatar of MikeLittle MikeLittle says:
      September 24, 2012 at 6:41 pm

      @simsimma, If this is Valdez and Venantas, it’s a normal assumption that tax accrues on a time basis. The point of the question was to show the affect ( pre-tax ) of the probability / possibility of a provision / contingency.

      It wasn’t really intended as an after tax profit.

      But, you could so well be correct. If we account for tax on a 30% : 70% split, I believe that the point to be made is still valid
      :-)

  3. Avatar of tiffany2012 tiffany2012 says:
    July 6, 2012 at 6:36 am

    need to talk through workings

  4. Avatar of kimamo87 kimamo87 says:
    April 28, 2012 at 9:47 am

    Why did you split it 6 months each while in fact if you calculate the months between 1 January to 31 May = 5 Months, and between 1 June and 31 December = 7 months??

  5. Avatar of wingspmcc wingspmcc says:
    October 15, 2011 at 10:41 am

    in consolidated simple groups example 4 – we’re to calculate goodwill as if the reorganisation costs had not been anticipated. Has nci been calculated correctly?
    why is it not $19667 (40% x $40,000 + 2000 + 40% x 2500 – 40% x (2000 x (5/12))).

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