On 1/1/2020, P acquired 80% of S. The implied value is 200000 JD and book...
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On 1/1/2020, P acquired 80% of S. The implied value is 200000 JD and book value of equity is 120000 JD. The following table shows differences between FV and BV: Difference between FV & BV Inventory 120000 Equipment (remaining life 5 years) 40000 Company P net income is 50000 JD and Company S net income is 44000 JD. Compute NCI in income. Select one: a. 2400 b. 2800 0.3200 d. 3600 12:44
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