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Question 3 12 pts The fair value of the non-controlling interest in Prince Ltd as at the date of acquisition was estimated to be

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Question 3 12 pts The fair value of the non-controlling interest in Prince Ltd as at the date of acquisition was estimated to be $140,000. Compare this amount to the amount you calculated in Question 1 Part (ii) above and explain why the fair value of the non-controlling interest may be greater (or less) than the amount measured using the proportionate interest goodwill method. Is the information provided using the full (100%) goodwill method potentially decision useful to the shareholders of King Ltd?

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