[weijiang]

Thank you for the answer it cleared My question.
What if it holds 80% of the shareholding from the subsidiary company, does it mean the mother company will pay 80% of the additional tax?

[weijiang]

Thank you for your explanation!
I wonder how would u like to answer the significant of the ROCE in the real exam under the time pressure in order to score the marks, please.
The official answer there were not any significant of the ROCE was mentioned.

[weijiang]

Thanks! This answer really helps a lot 🙂

[weijiang]

Just wanna say something here.I share the same feeling with u when I saw the Q1.I checked paper title twice just hope I have got UK version not the internetional paper I should sit for.
I am not afaired of hard work and investing time into the study but it seems like there always something catch u off guard. If there is a way to past the exams I am willing to do it.

[weijiang]

Thanks a million for explaining it for me.

[weijiang]

Thank u for the explanation
So the accounting treatment was to eliminate the double accounting of the contingent liability at ACQ date.If I understood it correctly? But should I de-recognize a liability for 5million to match the debit profit subsequently?

[Author]

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