Example 4 – Goodwill

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December 25, 2019 at 6:57 am #556376
shobujju
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I am confused about the answer why at Fair Value method NCI at acquisition is $36,000 not %56,000. I think the NCI at acquisition should be %56,000.
January 13, 2020 at 9:24 pm #558517
P2-D2
Keymaster
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Hi,

It is a small typo in the question/answer. The NCI should be at market value, so here it should be $56,000 and the goodwill $42,000. Thanks for spotting it!

Thanks
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