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In your own words, explain what is negative a goodwill and how it is calculated? (3 marks) Does historic cost principle apply when accounting

 

In your own words, explain what is negative a goodwill and how it is calculated? (3 marks) Does historic cost principle apply when accounting for negative goodwill? Explain (4 marks) Consolidated financial statements are primarily for the benefit of which group of shareholders? Explain (4 marks)

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