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P2 Bubble – Salt FV consideration

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › P2 Bubble – Salt FV consideration

  • This topic has 2 replies, 2 voices, and was last updated 7 years ago by amcaroline.
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  • March 5, 2018 at 5:09 pm #440401
    amcaroline
    Member
    • Topics: 1
    • Replies: 1
    • ☆

    Where does the $110 Salt FV consideration come from (needed for W3 Goodwill)?

    The only info I find in the question is ‘80% of equity shares of Salt on 1 Nov 2013’, but in the question Salt equity is only $50. 80% of $50 is not $110…

    Thank you in advance!

    March 5, 2018 at 5:18 pm #440403
    Anonymous
    Inactive
    • Topics: 1
    • Replies: 4
    • ☆

    That came from SFP investment in Salt. Good Luck for tomorrow.

    March 5, 2018 at 10:22 pm #440495
    amcaroline
    Member
    • Topics: 1
    • Replies: 1
    • ☆

    Ah! *major light bulb moment*

    Thank you, Jivanho!

    Good Luck for tomorrow you too!

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