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I ne statements or rinanciat position or ABC and VEF as at 31 vecemver UAB are as followe ABC acquired a 100% in DEF on

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I ne statements or rinanciat position or ABC and VEF as at 31 vecemver UAB are as followe ABC acquired a 100% in DEF on 1 January 20X8. At that date, DEF's retained earnings were $25,000. Required: (a) Comment on the established group structure. ( 1 mark) (b) Compute the Net assets of subsidiary. (4 marks) (c) Compute Goodwill. ABC acquired a 100% in DEF on 1 January 20 X8. At that date, DEF's retained earnings were $25,000. Required: (a) Comment on the established group structure. (1 mark) (b) Compute the Net assets of subsidiary. (4 marks) (c) Compute Goodwill. ( 2 marks) (d) Comment on Non-controlling interest. (0.5marks) (e) Compute Group retained earnings. (1.5 marks) (f) Prepare the Consolidated Statement of Financial Position as at 31 December 20x8. (5 marks) I ne statements or rinanciat position or ABC and VEF as at 31 vecemver UAB are as followe ABC acquired a 100% in DEF on 1 January 20X8. At that date, DEF's retained earnings were $25,000. Required: (a) Comment on the established group structure. ( 1 mark) (b) Compute the Net assets of subsidiary. (4 marks) (c) Compute Goodwill. ABC acquired a 100% in DEF on 1 January 20 X8. At that date, DEF's retained earnings were $25,000. Required: (a) Comment on the established group structure. (1 mark) (b) Compute the Net assets of subsidiary. (4 marks) (c) Compute Goodwill. ( 2 marks) (d) Comment on Non-controlling interest. (0.5marks) (e) Compute Group retained earnings. (1.5 marks) (f) Prepare the Consolidated Statement of Financial Position as at 31 December 20x8

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