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pg 176 note 7. I dont understand where they get the 575 fv adjustment from the info in the question. can somebody explain/ break it down for me
(b) FV of identifiable net assets 5,000
Less:
Share capital 3,000
RE at Aq’n 1,425
(4,425)FV Adjustment 575
Thanks. I now notice another thing on the same page (176)when drafting my revision notes, the URP for melon is 60x 25/125=15 per the bpp instead of 12 which then feeds into the SOCI. This must be a typo for both instances? Or am I missing something and there is an extra step to bring it to 15?
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