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Intangible Assets with only share value percentage and Goodwill Value

ZZouZou5y ago
I am wondering if someone can urgently assist I am working on a scenario for example: In March 201x, Dimension Ltd acquired 70% of the share capital of DataComms Limited, a company that specializes in designing and developing economical printing machines. Goodwill of £3,700,000 arose as a result of this business combination." It then has Research costs over a 5 month period & Development & Productions costs at the end of the 5 months with Orders 2 months later. and finite life of 4 years before a new machine needs to be developed. Customer List of a certain value with a useful economic life of a few years and staff training costs with potential profit costs. My question is why can I not work out the carrying value as my head says I need either a consideration amount or carrying amount. This is part of a write up so I will not lose a lot of marks for incorrect answers but I am just struggling with a basic calculation it seems. I have done all my other questions but cannot work this one out. Thank you
PP2-D2Tutor5y ago#1
Hi, What carrying value are you referring to? Also, what are you talking about when you mention this as part of a write up? Thanks
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