Question: Economic Entity A held 4 0 % o f Entity B $ 8 0 0 , 0 0 0 , carrying amount $ 7 0

Economic
Entity A held 40%of Entity B$800,000, carrying amount $700,000 $1,900,000. Under IFRS 3,
what is the total goodwill recognized?
A. $500,000
B. $600,000
C. $700,000
D. $800,000
Economic Entity A held 4 0 % o f Entity B $ 8 0 0

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