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BPP Mock exam 2 – Robby

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › BPP Mock exam 2 – Robby

  • This topic has 1 reply, 1 voice, and was last updated 6 years ago by shaunmizen.
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  • June 5, 2019 at 12:24 pm #519083
    shaunmizen
    Member
    • Topics: 1
    • Replies: 1
    • ☆

    Could you please tell me why the contingent liability in Hail for $2m is added to the FV of net assets of $130. I thought that this would be deducted from the $130 thus resulting in the FV of NA at 128, not 132 as the solution has it?
    Am I missing something here?

    Also is the contingent consideration of $40 not remeasured to the $42 as this is within the measurement period?

    Thank you
    Shaun

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