Company GHI acquired 80% of Company JKL for P10,000,000, carrying value of Company JKL net assets at time of acquisition being P6,000,000 and fair value of these net identifiable assets being P8,000,000. compute the amount f noncontrolling interest arising on consolidation (use full/gross-up goodwill)
A. 1,600,000B. 2,500,000C. 3,000,000D. 1,200,000
Already registered? Login
Not Account? Sign up
Enter your email address to reset your password
Back to Login? Click here