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Dec 2012 – Q1 Goodwill Calculation help

This topic has 3 replies, 3 voices, and was last updated 9 years ago by hamilton001.

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November 16, 2014 at 1:37 pm #210440
Mash
Member
- Topics: 7
- Replies: 19
Hi all,
Would anyone be able to help on how the goodwill calculation for Heeny?
Purchase consideration – 320
Less consideration belonging to NCI – (30% of $320) (96)
NCI fair value of 44% holding 161
The holding is 80% so i am unsure how the above works.
If anyone could shed some light, it would be greatly appreciated!
Many thanks 🙂
November 16, 2014 at 1:45 pm #210443
Mash
Member
- Topics: 7
- Replies: 19
Hi all,
Sorry ive just realised that this is the sub sub!
Mods, please delete this thread 🙂
April 20, 2015 at 9:32 pm #241978
Derfla
Member
- Topics: 2
- Replies: 2
I would like to know why 30% of 320 was subtracted. I dont see this happening in all past papers.
April 23, 2015 at 4:12 pm #242335
hamilton001
Member
- Topics: 2
- Replies: 9
As its a Sub sub, you have to less the consideration belonging to the NCI(30%)
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