Acquirer Plc purchased 75 per cent of Subby Plc for €45 000.The fair value of identifiable assets was €95 000,and the fair value of liabilities and contingent liabilities amounted to €47 000.According to IFRS 10,what would be the amount of 'goodwill allocated to non-controlling interests of Subby Plc'?
A)€3000
B)€9000
C)€12 000
D)(€3000)

Question

Quizplus · Accepted Answer

Goodwill = €95,000 - €47,000 - €45,000 = €3,000Non-controlling interest = 25%Goodwill allocated to non-controlling interests = €3,000 x 25% = €750

Acquirer Plc Purchased 75 Per Cent of Subby Plc for €45