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FAR5- Chapter 6: Business Combination and Introduction to CFS How to determine if an...

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Accounting

FAR5- Chapter 6: Business Combination and Introduction to CFS
How to determine if an acquirer have control over an acquiree?
What is meant by variable returns?
Describe non-controlling interest.
AB Bhd pays RM300 million for 75% of CD Bhd which has net assets with a fair value of RM 210
million. The directors of AB Bhd have determined the fair value of the NCl at the date of
acquisition was RM33 million. Calculate the goodwill on acquisition using full goodwill
method.
AB Bhd pays RM300 million for 75% of CD Bhd which has net assets with a fair value of RM 210
million. Calculate the parent's share of the goodwill on acquisition.
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