Example 5 Chapter 7 - Consolidate statement of Financial Pisition

EEwelina10y ago

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

MikeLittleTutor10y ago#1

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

EEwelina10y ago#2

Thank you

MikeLittleTutor10y ago#3

You're welcome

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