question 1 2015 past paper

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November 3, 2015 at 8:28 am #280191
jenny14
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Please can you help.
Just doing the consolidation question on 2015 past paper.
Trying to calculate the NCI for House.
The answer has an NCI for 16.38 but i can’t see where the 13m comes from.
The fair value of the NCI is 30% x 13 million x $4·20 = $16·38 million
November 3, 2015 at 2:49 pm #280291
MikeLittle
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It’s the House share capital – 13 million $1 Equity Shares isn’t it?
November 6, 2015 at 3:11 pm #280822
jenny14
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Thank you
November 6, 2015 at 4:13 pm #280852
MikeLittle
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You’re welcome
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