Company A acquired80%of company B. Calculate non-controlling interest by the partial goodwill method based on the following

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Company A acquired 80% of company B.

Calculate non-controlling interest by the partial goodwill method based on the following information:

Cash paid: CU 210 000

Net assets of B at Fair Value: CU 200 000

Share capital of B: 100 000 shares (CU 1.00 each)

Market price of 1 share of B: CU 1.20/share

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International Accounting

ISBN: 978-0078110955

3rd Edition

Authors: Timothy Doupnik, Hector Perera

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Posted Date: Dec 13, 2023 12:48 AM

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Company A acquired80%of company B. Calculate non-controlling interest by the partial goodwill method based on the following

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Firstly lets calculate the fair value of the noncontrolling interest NCI The NCI owns 20 of ... View the full answer

International Accounting

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