NA at DOD

In Diana and Liga, I have taken 75% of $700,000 net assets at date of disposal. That would have been the same if I had instead deducted the nci share of those net assets (25%) because 25% x $700,000 is $175,000 and $175,000 deducted from $700,000 is $525,000 which is the same as 75% x $700,000 That approach works where the nci is valued on a full fair value basis that equates to a 25% nci investment being equal to one third of the parent's 75% holding. But that's not going to happen in the exam! So, with Raimonda and Dainius, there is the additional twist. In this example, the nci in Dainius has a specific value attributed to their share of the goodwill ($3,000) Now, when we look at net assets at date of disposal, there are shares, retained earnings brought forward, retained earnings for 9 months (all of which is attributable 80% parent and 20% nci) and $23,000 goodwill of which the nci is entitled to just $3,000, NOT 20% So in the Raimonda example it would be incorrect to take Raimonda's share of 80% because she owns greater than 80% of the goodwill $23,000 OK?

OK got it and thank you sooo muchhh

You're welcome