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Ltd paid a consideration of $650000 on 1.1.20X5 to acquire % of Beta's 200,000 $1 ordinary shares. At the date of acquisition Beta's quoted share
Ltd paid a consideration of $650000 on 1.1.20X5 to acquire % of Beta's 200,000 $1 ordinary shares. At the date of acquisition Beta's quoted share price was $1.4, its retained earnings were $175000 and fair value of its assets exceeded their book value by $295000. What is the goodwill/(badwill) under Method 2? (Use brackets if badwill.)
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