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Example 5 Chapter 7 – Consolidate statement of Financial Pisition

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › Example 5 Chapter 7 – Consolidate statement of Financial Pisition

Viewing 4 posts - 1 through 4 (of 4 total)
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  • November 7, 2015 at 3:59 pm #281010
    Ewelina
    Member
    • Topics: 1
    • Replies: 2
    • ☆

    Hi,

    I can’t understand, how was calculated NCI investment Valuation ($23000) in example 5 of chapter 7 from Lecture Notes June 2015 exams

    Thanks

    November 7, 2015 at 4:05 pm #281012
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23200
    • ☆☆☆☆☆

    Surely it’s 25% of ($32,000 (share capital) + $60,000 (retained earnings))

    OK?

    November 7, 2015 at 4:07 pm #281013
    Ewelina
    Member
    • Topics: 1
    • Replies: 2
    • ☆

    Thank you

    November 7, 2015 at 4:48 pm #281017
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23200
    • ☆☆☆☆☆

    You’re welcome

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