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Hello opentuition,
Some clarification on the question of ROSE under consolidation foreign operations in that BPP Revision Kit.The parent co ROSE acquired 70% in petal and later an additional of 10%.
Meaning the ROSE now holds 80% and NCI being 20% from 30%.In the solution when computing the group share in post acquisition profits they use 70% instead of 80% and NCI 30% instead of 20%. Any logic here???? Some help. Thx
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