• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
Free ACCA & CIMA online courses from OpenTuition

Free ACCA & CIMA online courses from OpenTuition

Free Notes, Lectures, Tests and Forums for ACCA and CIMA exams

  • ACCA
  • CIMA
  • FIA
  • OBU
  • Books
  • Forums
  • Search
  • Register
  • Login
  • ACCA Forums
  • Ask ACCA Tutor
  • CIMA Forums
  • Ask CIMA Tutor
  • FIA
  • OBU
  • Buy/Sell Books
  • All Forums
  • Latest Topics

PQ Awards Nominations

Please help us to win one of the PQ Magazine awards and send in the voting form >>
You can nominate us in any or all of the following categories: Online College of the Year, Study Resource of the Year, Private Sector Lecturer of the Year, and Accountancy Personality of the Year.

Specially for OpenTuition students: 20% off BPP Books for ACCA & CIMA exams – Get your BPP Discount Code >>

Mini Exercise 10 Goodwill Question 2/3

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › Mini Exercise 10 Goodwill Question 2/3

  • This topic has 6 replies, 2 voices, and was last updated 7 years ago by MikeLittle.
Viewing 7 posts - 1 through 7 (of 7 total)
  • Author
    Posts
  • November 29, 2015 at 1:23 pm #286131
    DreamerSK
    Member
    • Topics: 24
    • Replies: 89
    • ☆☆

    Please help me calculate the retained earnings amounts.

    November 29, 2015 at 10:04 pm #286230
    MikeLittle
    Keymaster
    • Topics: 26
    • Replies: 22714
    • ☆☆☆☆☆

    Tell me exactly what your calculations come up with and I’ll see if I can identify where you’re going wrong

    November 30, 2015 at 1:58 am #286273
    DreamerSK
    Member
    • Topics: 24
    • Replies: 89
    • ☆☆

    My calculation for Q2 Ret Ears 4 months : 4/12 x 82.5 Million = $27.5 Million
    Q3 Ret Ears b/f $6.5 Million

    November 30, 2015 at 8:36 am #286324
    MikeLittle
    Keymaster
    • Topics: 26
    • Replies: 22714
    • ☆☆☆☆☆

    $82.5 million is the CUMULATIVE retained earnings in Suzanna since the day of incorporation. It’s not the profits for the year

    November 30, 2015 at 8:37 am #286325
    MikeLittle
    Keymaster
    • Topics: 26
    • Replies: 22714
    • ☆☆☆☆☆

    $6.5 million is the CUMULAT ……….

    !

    December 1, 2015 at 12:43 am #286585
    DreamerSK
    Member
    • Topics: 24
    • Replies: 89
    • ☆☆

    Got it. Thanks!

    December 1, 2015 at 8:41 am #286641
    MikeLittle
    Keymaster
    • Topics: 26
    • Replies: 22714
    • ☆☆☆☆☆

    You’re welcome

  • Author
    Posts
Viewing 7 posts - 1 through 7 (of 7 total)
  • You must be logged in to reply to this topic.
Log In

Primary Sidebar

ACCA News:

 

ACCA My Exam Performance for non-variant Applied Skills exams is available NOW

NEW! Download the ACCA Pass Guide

FREE Verifiable CPD for ACCA Members

ACCA mock exams and debrief videos

ACCA Options:  “Read the Mind of the Marker” articles

Subscribe to ACCA’s Student Accountant Direct

Donate

If you have benefited from OpenTuition please donate.

ACCA CBE 2023 Exams

Instant Poll * How was your exam, and what was the result?

BT CBE exam was.. | MA CBE exam was..
FA CBE exam was.. | LW CBE exam was..

Specially for OpenTuition students

20% off BPP Books

Get BPP Discount Code

Latest comments

  • chimporera on CIMA P2 Chapter 13 Test
  • Chong on Conceptual Framework – ACCA SBR lecture
  • mariyaaa on Foreign exchange risk management (1) Part 4 – ACCA (AFM) lectures
  • John Moffat on Introduction to Financial Accounting – ACCA Financial Accounting (FA) lectures
  • afital12 on FA Chapter 2 Questions The Statement of Financial Position and Statement of Profit or Loss

Copyright © 2023 · Support · Contact · Advertising · OpenLicense · About · Sitemap · Comments · Log in


We use cookies to show you relevant advertising, find out more: Privacy Policy · Cookie Policy