- This topic has 1 reply, 2 voices, and was last updated 14 years ago by
.
Viewing 2 posts - 1 through 2 (of 2 total)
- Posts
Hello !
In June 2010, the post-acquisition period for Adler (Associate) is 6 months. In the examiner’s answer, while calculating the Group Retained Earnings, he has done this: 6000 post-acquisition profit x 40% x 6/12, which gives us 1200.
In June 2009, the post-acquisition period for Vardine (Associate) is 6 months also. In the examiner’s answer, while calculating the Group Retained Earnings, he has NOT time-apportioned the post-acquisition profits.
WHY is this so ?
Viewing 2 posts - 1 through 2 (of 2 total)
- You must be logged in to reply to this topic.