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Consolidation

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › Consolidation

  • This topic has 3 replies, 2 voices, and was last updated 8 years ago by MikeLittle.
Viewing 4 posts - 1 through 4 (of 4 total)
  • Author
    Posts
  • July 24, 2016 at 5:37 pm #328640
    zanele82
    Member
    • Topics: 1
    • Replies: 2
    • ☆

    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

    July 24, 2016 at 5:44 pm #328644
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23321
    • ☆☆☆☆☆

    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

    July 24, 2016 at 6:34 pm #328648
    zanele82
    Member
    • Topics: 1
    • Replies: 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.

    July 24, 2016 at 8:17 pm #328653
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23321
    • ☆☆☆☆☆

    Big smile :-))))))

    It happens to all of us at some time or another

    No problem

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