alleryStart learning →Take the same deal (Rs 720 lakh for 90%, net assets Rs 700 lakh) but NCI is valued at Rs 85 lakh fair value. Goodwill?
ARs 105 lakh
BRs 90 lakh
CRs 20 lakh
DRs 85 lakh
Answer & Solution
Correct answer: A. Rs 105 lakh
Goodwill is consideration 720 plus NCI at fair value 85, less net assets 700, which is Rs 105 lakh.
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