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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › CHANGES IN THE COMPOSITION OF A GROUP
how do i determine the cost of investment for the purpose of goodwill in a situation where say 60% investment acquired and a further 20% acquired at another date without the question giving you the amount paid for the 60% or 20% but given as a single figure in the statement of financial position of the parent company.for example:
investment in S 100,000
Hi,
You would have to be given the fair value of the 20% investment acquired. You wouldn’t be able to answer the question without it really.
Thanks
