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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › Example 2 Basic Consolidation
Dear Sir,
I came across the example on basic consolidations, and I have a question.
It says in the qn that the sub’s (Finn’s) net assets value in the statement of financial position is $1250 mn and then the qn says
“At 1 January 2014, the identifiable net assets of Finn had a fair value of $1,850 million”
Shouldn’t the excess in fair value be $600mn? In the notes, the answer says $400 mn increase.
What am I missing? Or am I right?
Thanks.
Dear sir,
I have watched your lecture and have figured it out.
Thanks
OK, glad the lecture has been useful.
Thanks