Mini Exercises - Good Will Calculations - Please help

Elise It's simple! Actually in the second situation we are given the share price of S's share i.e. $1.60. H is holding 70% of S NCI's share is automatically 30% Take the share capital's NCI's portion multiply that by the share price of S. Here you go! :)

Elise, on this occasion Ema is correct. That, sadly, is not always the case. Re your question, where H acquires 70% of the 800,000 shares, that means that the number of shares NOT acquired must be 30% of 800,000 = 240,000 shares And we're told that the value of the S shares immediately before acquisition was $1.60 Therefore, the nci value must be $1.60 x 240,000 shares = $384,000 OK If you have any further queries, please do continue to post on this page, coincidentally called Ask the Tutor, and I'll try to get back to you rather quicker that the 12 hours 22 minutes this reply has taken

Ema, we seem to have settled into a pretty established routine on this site. As you know, when you have a question and need my help, you post your question on this page and I get back to you as soon as I am able In the same way, therefore, can you accept that if I have a question and I need your help, I shall post my question on this page and hope that you will get back to me as soon as you are able? Point taken?

Hi Thanks for your help. i realise the silly mistake i was making! Thankyou

That's good - better to make them now than in the exam room!