Answer to Example 6 Pg. 169 of OT Notes

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July 1, 2011 at 3:28 pm #49000
stasi
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Can anyone explain how the 68.8 for NCI was calculated and also the 980 in L’s share of G’s post acq. ret’d ???

Thanks for any help
July 16, 2011 at 12:04 am #83293
sue888
Member
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Hi Stasi,

W4a-NCI -10%
10% per Q
=10*1180*7/12=68.8

W3 – RE

S
Re- 1,180
less div propose (200 )

980 – Annual
owning period 7/12
P’s shares 10%
=980*7/12*980=514.5
=98
July 17, 2011 at 1:26 pm #83294
sue888
Member
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there is type there:

P’s shares in S = 980*7/12*0.9=514.5
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