Given the following information, how is goodwill from a business combination computed under PFRS (IFRS) 3? A = Consideration transferred; B = Non-controlling interest in net assets of subsidiary; C = Previously held equity interest; D = Fair value of net identifiable assets of subsidiary; % = Percentage of ownership acquired by the parent in the subsidiary
Given the following information, how is goodwill from a business combination computed under PFRS (IFRS) 3? A = Consideration transferred; B = Non-controlling interest in net assets of subsidiary; C = Previously held equity interest; D = Fair value of net identifiable assets of subsidiary; % = Percentage of ownership acquired by the parent in the subsidiary
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Given the following information, how is
A = Consideration transferred; B = Non-controlling interest in net assets of subsidiary; C = Previously held equity interest; D = Fair value of net identifiable assets of subsidiary; % = Percentage of ownership acquired by the parent in the subsidiary
a. A – (D x %)
b. A+B+C-D
c. (A+C) – (D x %)
d. (A+B) – [(D x %) – B]
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