[nalanono]

joint venure must have equal rights to make decision and it was not the case in this scenario.

They also had 2 of 5 directors and 49% of shares and no ability to make most of decisions on their own, therefore I have choosen an associate

[nalanono]

Thank you for the advice. I watched the lecture and all does make sense now.

Many thanks 🙂

[nalanono]

11marks

[nalanono]

Contribution is sales – variable costs, so

SALES 0
VC 0
Contribution 200
Fx. (10)
Net cash flow 190
Tax
Etc

[nalanono]

Oh noo, I completely missunderstood the question then…
Now everything make sense… But negative goodwill was also probable so I though it is ACCA’s trick to make us confused or something…

[nalanono]

I think cosideration was 18m, there was info that 12m was already paid in Cash.

I also calculated negative goodwil and all my way back I was wondering if was it correct..

[nalanono]

I think cosideration was 18m, there was info that 12m was already paid in Cash.

I also calculated negative goodwil and all my way back I was wondering if was it correct..

[Author]

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