[humanity]

Hi Stephen,

Thanks a lot for your explanation.

Just wondering for your rule of thumb:

For full goodwill: why do you take 10/70 * (net assets + goodwill) instead of 10/70 * (net assets + goodwill – fv of NCI), as using the goodwill formula, cost of consideration (parent’s share which is 70%) = net assets + goodwill – fv of NCI, so thinking that the 70% should not include the fv of NCI

For proportionate goodwill, Im also wondering why do you take 10/70 * net assets as I think the change in NCI = 10/70 * (goodwill + 70% net assets) as cost of consideration (parent’s share which is 70%) = goodwill + net assets – 30%net assets(NCI)

Thank you!

[Author]

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