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BCD was acquired by EFG when net assets of the former were 240,000. In line with group policy, the property was revalued by 120,000 at
BCD was acquired by EFG when net assets of the former were 240,000. In line with group policy, the property was revalued by 120,000 at the time of acquisition. EFG paid 340,000 buying 80% of BCD. Calculate the non-controlling (minority) interests. A) 96,000 B) 72,000 48,000 24,000 [02 marks]
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