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ST owns 75% of the equity share capital ofGH. GH owns 80% of the equity share capital of RS.
The following balances relate to RS:
The non controlling interest in respect of RS had a fair value of $56,000 at acquisition. There has been no impairment to goodwill since acquisition.
What value should be included inST's consolidated statement of financial positionfor the non controlling interest in RS at 31 December 20X9?
Suggested Answer: A
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10 comments · newest first
DO
Dottie
12 months ago
Wait, how does the fair value change over time?
DI
Diane
1 year ago
Definitely not B, that’s way too low!
LA
Lauran
1 year ago
Not so sure about that, seems high.
TO
Tomas
1 year ago
I think it should be option A, $116,000.
KA
Kandis
1 year ago
Non-controlling interest at acquisition was $56,000.
AN
Annita
1 year ago
Hmm, I'm a bit confused on this one. I know the ---source attribute is used to specify the source of the text to be recognized, but I'm not sure which of these options is the correct format.
GE
Gerald
1 year ago
I think the key here is identifying the biggest area of potential disruption. The differences in supply chains and customer bases seem like they could be a major challenge in integrating the two companies. I'd focus on that in my answer.
BU
Buddy
1 year ago
Hmm, this seems like a tricky one. I'll need to think carefully about the security implications of each option.
WI
Wilbert
1 year ago
Hmm, I'm not sure about this one. I'll need to think it through carefully.
NE
Nelida
1 year ago
I'm not really clear on the difference between port access control and precision access control. Did anyone else find that confusing?