Question
Shaw owns 80% of Gorman. The following information is available: Consolidated Goodwill is $325,000. The fair value of the controlling interest is $700,000 The fair
Shaw owns 80% of Gorman. The following information is available:
Consolidated Goodwill is $325,000.
The fair value of the controlling interest is $700,000
The fair value of the noncontrolling interest is $225,000
The fair value of 100% of Gorman net assets acquired is $600,000
How much Goodwill is allocated to the noncontrolling interest
$480,000
$0
$105,000
$220,000
$325,000
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Intermediate Accounting IFRS
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield
3rd edition
1119372933, 978-1119372936
