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abolaji

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  • June 13, 2013 at 12:46 pm #131994
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    if you all got about (11,000) as the net asset, deducting it from the cost of investment and fair value of subsidiary should push the good will higher than even the cost of investment. i.e. shouldn’t the negative net asset of subsidiary have been added to the cost of investment??? Not quite sure though,but the goodwill value was quite higher than the figure you guys are quoting.

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