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jaimie
jaimie Registered Posts: 13 New contributor 🐸
In the december 2009 practice exam, when working out goodwilll, when the company has 6000,000 shares = 60% Why in dec 09 exam is it worked out at 75% and then 25% non controlling interest?

I worked this out the same as in the june 2010 exam, but it seems the impairment loss in dec 09 has been taken off whilst working out the share % etc???

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  • exam panic
    exam panic Registered Posts: 157 Dedicated contributor 🦉
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    6000/8000 not 10000
  • jaimie
    jaimie Registered Posts: 13 New contributor 🐸
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    Where did the 8000 come from?

    Thanks
  • exam panic
    exam panic Registered Posts: 157 Dedicated contributor 🦉
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    8000 is the share capital of the wikkie ltd
  • jaimie
    jaimie Registered Posts: 13 New contributor 🐸
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    oh right thanks, makes a bit more sense!
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