Goodwill and eps query
This query is : Resolved
07 November 2014
A LTD acquired 30% interest in B ltd for Rs 400000. At the date of acquisition the value of asset of B ltd stood at Rs 1200000 and external liabilities at Rs 200000. the fair value of the net asset was equal to their book value expect for land which appreciated by Rs 30000 and investment which depriciated by Rs 10000. calculate the value of Goodwill.
07 November 2014
94,000.
12,00,000-2,00,000+30,000-10,000 =10,20,000
30% of 10,20,000 = 3,06,000
12,00,000-2,00,000+30,000-10,000 =10,20,000
30% of 10,20,000 = 3,06,000
07 November 2014
Thanks very much sir g..
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