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1. In the question leigh. Purchase PPE. In solutions it states that assuming the estimate of future share price was correct at $3.50, the liability at that date will be $3.5 x 1.3 = $4.55.
Why do we need to make adjustment must to dr expense 0.65 and cr liability. 4.55-3.9 = 0.65.2.Investment in hardy
Same question leigh 06/2007. Don’t understand why there is negative goodwill. ?3. What is intrinsic value?
Thank you
Karen, I’ve not forgotten you. I’m away from home working in a small iPad and without easy access to the questions. Hopefully I shall have better access tomorrow – we’ll have to see.
I see that you have posted again. That’s good because it shows as an unanswered question that needs my attention.
I SHALL get to it as soon as I can access the question on a decent sized screen
Sorry for the delay but I hope you’ll acknowledge that it’s unusual!
You’re welcome, I’m still working on obtaining a P2 revision kit so I can reply more effectively (please do not respond to this email because it will appear on my screen as another outstanding query – if my name does not appear last then I take it that it’s still an open query and I already have one from you open about Leigh)
🙂
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