I hope someone can help me with this!
in example 1, when doing the FV at DOA why inventory 60k,cash 20k,receivables 70k and non-current assets Tangible of 150k are not included in the answer?
Is it because they are current assets?
Do we only include Non-current assets? Because in chapter 7 example 11 page 46we included Non-dep non-cur assets and Dep non-cur assets.
I am confused now, can someone help me please?
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what to include in Fair Value at DOA to arrive to good will?
12y ago#1I need a better reference that this! Example 1 is in chapter 1 and is called Laima!
Sorry about that,chapter 8 example one.
12y ago#3Maybe because of the last word in the first sentence of the question?
Ohhh xD because it's acquired on its incorporation day! Hahah thanks a lot Sir Mike! You are the best!
12y ago#5It's what I repeatedly say to students ....RTFQ
Read the full question - very carefully!
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