Past paper question – Beth lose and gain DEC 07 – Q1

This topic has 1 reply, 2 voices, and was last updated 13 years ago by endwiga2010.

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November 30, 2012 at 2:40 pm #55972
benitez
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Hi,
Can anyone help me out please? I am not sure how they have arrived at the minority interest figure – NCI of 61.6m. 200 is the post acq retained earning but where is the 100 for the net assets figure coming from?
Please help much appreciated
Brian
December 1, 2012 at 3:07 pm #109286
endwiga2010
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Hi Brian,
NCI calculation is based on the net assests.
Net assets = 400 – 100 = 300
Hope that assisted you.
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