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Good morning Sir

Forums › ACCA Forums › ACCA FR Financial Reporting Forums › Good morning Sir

  • This topic has 1 reply, 2 voices, and was last updated 9 years ago by MikeLittle.
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    Posts
  • September 28, 2015 at 10:33 am #273963
    george99
    Member
    • Topics: 9
    • Replies: 14
    • ☆

    Good day Sir

    The net assets of Agrippa a CGU.

    The property , Plant and Equipment 240
    Motor Vehicles 115
    Allocated Goodwill 60
    Purchased Brand name 120
    Net current assets at net realisable 30

    As a result of adverse publicity Agrippa has a recoverable amount of only 450. The brand name has been expertly valued of 95.

    please help with this question

    I said 450-60=390 and 390*95/(95+240+30)=101.50 please helpme

    October 17, 2015 at 12:40 pm #276803
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23334
    • ☆☆☆☆☆

    20 from PPE and 10 from MVs
    60 from G/w and 25 from Brand

    OK?

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