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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › Mini Exercise Qu 2
Hello Sir,
Can you please help me solve question 2 for the cost of sales part on page 203?
The first and third question are very easy. I’,m stuck on the 2nd one. Thx
You need to go back to basic algebra from first year senior school
Here’s a hint:
Let the opening inventory figure be ‘x’
and then go from there
If you still can’t manage it, post again
Solved it sir, Thanks. I’m having another confusion, in chapter 7 example 6, it says goodwill attributable to the nci was 5000$. Why does the calculation of goodwill in that example vary from the printed answer for the calculation of goodwill impairment in the mini exercise question 2 part(c)? Which way should we do it when he says g/will attributable to nci was $x amount? Thanks
Is the nci in example 2 calculated on a proportional basis?
