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    • Avatar of MikeLittle says

      @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
      :-)

  1. Avatar of wingspmcc says

    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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