If the purchase price is 500000 OMR under IFRS, the market value of the net assets is 450000 OMR and the X Company was bought 90% of Y Company. What is the value of Non-controlling Interest?

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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5
If the purchase price is 500000 OMR under
IFRS, the market value of the net assets is
450000 OMR and the X Company was
bought 90% of Y Company.
What is the value of Non-controlling
Interest?
Answer:
Transcribed Image Text:If the purchase price is 500000 OMR under IFRS, the market value of the net assets is 450000 OMR and the X Company was bought 90% of Y Company. What is the value of Non-controlling Interest? Answer:
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