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fg2011

Profile picture of fg2011
Active 11 years ago
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Viewing 6 posts - 1 through 6 (of 6 total)
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  • December 5, 2013 at 6:24 pm #150764
    mysteryfg2011
    Member
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    • Replies: 6
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    Hi, could you please help thefixed unit costs were given per unit or in total in uestion 1? I misinterpereted the data and thought they were in given per unit – if it is not so will i be given marks per calculation in part “i”?or not? what marks?

    June 15, 2013 at 7:30 pm #132418
    mysteryfg2011
    Member
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    • Replies: 6
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    <cite> @mohsinahmed said:</cite>
    No bro you made a mistake.
    actual proforma is:
    FV of consideration at date of acquisition
    + FV of NCI
    – FV of net assets at acquisition date
    total goodwill

    yes, it is proforma for goodwill measured at FV
    But I am talking about partial goodwill method (which was used in part A of question 1)

    That is why i am asking –
    Will I be given full marks for calculation under Partial method of goodwil if I used the following proforma –
    consideration paid
    + plus NCI share of net assets at acqusition date
    – minus all net assets of subs at acquision date
    I have found that in some answers the following proforma is given for partial method of goodwil

    consideration paid
    – minus parent share of subs net assets at acquision date
    The answer will be the same but I am worring about the the proforma which I used for partial goowill metod

    THANK YOU!!!

    June 15, 2013 at 12:15 pm #132320
    mysteryfg2011
    Member
    • Topics: 0
    • Replies: 6
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    <cite> @saiyan2005 said:</cite>
    think we have the same ans but not for impairment though

    Dear friends could you help me?
    Will I be given full marks for calculation under partial method of goodwil if I used the following proforma –
    consideration paid
    + plus NCI share of net assets at acqusition date
    – minus all net assets of subs at acquision date
    I have found that in some answers the following proforma is given for partial method of goodwil
    consideration paid
    – minus parent share of subs net assets at acquision date
    The answer will be the same but I am worring about the the proforma which I used
    consideration paid
    + NCI share of net assets at acqusition date (NCI % multiplied by net assets at acqusition date)
    – all net assets of subs at acquision date
    Please, tell me what do you think?

    June 15, 2013 at 11:52 am #132318
    mysteryfg2011
    Member
    • Topics: 0
    • Replies: 6
    • ☆

    Dear friends could you help me?

    Will I be given full marks for calculation under partial method of goodwil if I used the following proforma –

    consideration paid
    + plus NCI share of net assets at acqusition date
    – minus all net assets of subs at acquision date

    I have found that in some answers the following proforma is given for partial method of goodwil
    consideration paid
    – minus parent share of subs net assets at acquision date

    The answer will be the same but I am worring about the the proforma which I used

    consideration paid
    + NCI share of net assets at acqusition date (NCI % multiplied by net assets at acqusition date)
    – all net assets of subs at acquision date

    Please, tell me what do you think?

    June 12, 2013 at 7:28 am #131776
    mysteryfg2011
    Member
    • Topics: 0
    • Replies: 6
    • ☆

    And what about q1 redundacy costs – I included in provision for plan 1 all expenses except for retraining; for year 2 I discounted the provision for 2 years (5% rate was given) and recorded as long term provision – is it OK? Will I begiven full marks for this part?

    And q3 once again Leasing of land
    I classified land as operating lease but now I think that it was finance lease….
    Even if I classifiedthe lease in a wrong way but wrote 10 sentences (about 5-7 ideas) will I be given 4-5 marks, even if my decision to classify lease as an operating lease was wrong?

    What do you think? Will the markers mark my answer which states that it is operating lease ?

    June 11, 2013 at 10:07 pm #131741
    mysteryfg2011
    Member
    • Topics: 0
    • Replies: 6
    • ☆

    Hello! friends, pls, help me!
    1) Q1
    -redundacy costs – I included in provision for plan 1 all expenses except for retraining; for year 2 I disounted the provision for 2 years (5% ategiven) and recorded as lontermprovision – is it OK? Will I begiven full marks for this part?

    2) Q3
    Leasing of land
    I classified land as operating lease
    -indefinite life of land
    -the owner has the right to adjust the amount of the rentals (5% to current value)
    – no control is pased ;risks and rewards and so on
    i listed 5 complete ideas and now I think that it was finance lease – will I be given marks if I classified land as operating lease in this question?
    Could you please help me/
    Thank you!!!

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Viewing 6 posts - 1 through 6 (of 6 total)

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