OpenTuition | ACCA | CIMA
Free ACCA and CIMA on line courses | Free ACCA, CIMA, FIA Notes, Lectures, Tests and Forums
Spread the word
If you have benefited from our materials, please spread the word so more students can benefit.
To help us keep materials up to do and add new content you can also donate
June 8, 2020 at 2:30 pm
Why do you use 40 + 52?
The cost of investment is 40, and if it measured at fair value it will be 52. The method here is derecorgnise the existing investment then revalued and calculate goodwill.
40% existing share now at fair value : 52 30% additional share: 45 FV of NCI: 32 Net assets: (105) ————————- Goodwill:24.
Please help me to correct, thank you!
June 8, 2020 at 2:32 pm
Please ignore, I misunderstood. Thank you
You must be logged in to post a comment.