12-10-2009, 04:49 PM
Asalam-o-alikum
Can any body please help me on this.
If the company holds controlling interest in other company say 60%.
Investment cost 100,000
Total capital 100,000
Retained earnings at that time 10,000
After an year company purchases another 20 %
Investment cost 30,000
Total Capital 100,000
Retained earnings at that time 15,000
What will be the good will on consolidation?
Regards
Ahmed
Can any body please help me on this.
If the company holds controlling interest in other company say 60%.
Investment cost 100,000
Total capital 100,000
Retained earnings at that time 10,000
After an year company purchases another 20 %
Investment cost 30,000
Total Capital 100,000
Retained earnings at that time 15,000
What will be the good will on consolidation?
Regards
Ahmed