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Example 9 of Chapter 7

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › Example 9 of Chapter 7

  • This topic has 1 reply, 2 voices, and was last updated 8 years ago by MikeLittle.
Viewing 2 posts - 1 through 2 (of 2 total)
  • Author
    Posts
  • February 17, 2017 at 8:29 am #372851
    Anonymous
    Inactive
    • Topics: 1
    • Replies: 0
    • ☆

    Sir, looking at the answer to Example 9.

    Impairment is 10% based on last goodwill amount of 32,800. But why does W2 for Example 9 use 35,000?

    Is this an error or do I miss out something? Thanks a lot.

    Replying – Sir it states using 32,800 but I think the answer is using NCI Value of 55,000 and so the goodwill is 35,000 not 32,800.

    February 17, 2017 at 8:34 am #372853
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23327
    • ☆☆☆☆☆

    Hmmm

    What does it say at the bottom of page 40?

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  • The topic ‘Example 9 of Chapter 7’ is closed to new replies.

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