Dear sir,
In this question, for the acquisition of 80% of salt, in the goodwill calculation, the fv of the consideration paid is taken as 110, which is the value of the investment in parents individual statement at 20x5. However, the acquisition had taken place at 20X3. How is it that the figure from 20X5 is taken as the consideration paid? Please help. Thank you
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Goodwill Calculation Q Bubble
5y ago#1The CA in the parent's accounts will normally be the cost. If it is not, you will be told what the cost was.
Thank you so much sir !!!
I've o my finished watching the lectures...so every now and then I get stuck in the questions! Need to fix Al these small errors here and there to be ready for the exams
Thank you
5y ago#3My pleasure
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