Question
Company A acquired80%of company B. Calculate non-controlling interest by the partial goodwill method based on the following information: Cash paid: CU210000 Net assets of B
Company A acquired 80% of company B.
Calculate non-controlling interest by the partial goodwill method based on the following information:
Cash paid: CU 210 000
Net assets of B at Fair Value: CU 200 000
Share capital of B: 100 000 shares (CU 1.00 each)
Market price of 1 share of B: CU 1.20/share
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Firstly lets calculate the fair value of the noncontrolling interest NCI The NCI owns 20 of ...
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Step: 2
Step: 3
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International Accounting
Authors: Timothy Doupnik, Hector Perera
3rd Edition
978-0078110955, 0078110955
