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Consolidation

Zzanele829y ago
Sir want to understand that for Chapter & example 6 Since Remigyus aquired 75% of the issued share capital of ilona .The issued share capital is 32000 isnt it ?So since he acquired 75% isnt it supposed to be 75% of 32000 to get 24000 and then the other be for the NCI
MikeLittleMikeLittleTutor9y ago#1
I believe that your reference of "Chapter (?) example 6" should in fact be "Chapter 7 example 5" No worries - I found it, eventually What I can't find is where your problem lies "Since Remigyus aquired 75% of the issued share capital of ilona .The issued share capital is 32000 isnt it ?So since he acquired 75% isnt it supposed to be 75% of 32000 to get 24000 and then the other be for the NCI" I thought that that was what I have done Identify a figure in the solution about which you're not happy and I'll see if I can explain it for you
Zzanele829y ago#2
Oh no Sir am sorry i have seen my error .Was confusing myself now .I was now trying to calculate the value of the investment when it is already given.But ave been doing it right all this time.
MikeLittleMikeLittleTutor9y ago#3
Big smile :-)))))) It happens to all of us at some time or another No problem
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