AMIS624X2J - Acquisition: Cash Fair value of NCI Total Fair...

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Acquisition: Subsequent: Cash $2,800 Susequent Year Amortizations (not incl. GW, if any) Fair value of NCI 990 Total Fair Value 3,790 Amount Life Year 1 Year 2 Book value of Sub 2,550 Inventories (LIFO) $40 ? $(40) $- Fair value in excess of book 1,240 Plant Assets, net (200) 10 20 20 Book Value Land (50) indef. $600 $600 $- Long-term Liabilities (120) 5 24 24 Inventories 840 800 40 Copyright 500 5 (100) (100) Plant Assets, net 2,200 2,400 (200) Non-GW amortizations $170 $(96) $(56) Land 600 650 (50) Current Liabilities (500) (500) - End Year One: Long-term Liabilities (1,520) (1,400) (120) Total CI NCI Copyright 500 500 170 Reported Net Inc. $900 $675 $225 Total goodwill $1,070 Adjustments: Non-GW (96) (72) (24) Goodwill to CI: Goodwill - - Acquisition price $2,800 Share of NI $804 $603 $201 Less CI share 2,040 CI goodwill $760 71.02804% Adjustments Split: Non-GW 100% 75% 25% Goodwill to NCI: Goodwill 100% 71% 29% Total goodwill $1,070 Less: CI goodwill 760 End Year Two: NCI goodwill $310 29% Total CI NCI Reported Net Inc. $300 $225 $75 Acquisition: Adjustments: NCI at acquisition: Non-GW (56) (42) (14) Book value of Sub $2,550 Goodwill (300) (213) (87) 170 Share of NI $(56) $(30) $(26) 2,720 X 25% 680 NCI goodwill 310 NCI in Net Assets $990 Incr (Decr) in net assets
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450 600 1,050 Inventory 2,200 800 40 j 3,040 Property, P, E, net 1,450 2,400 200 j 3,650 Land 1,300 650 50 j 1,900 Copyright 500 j 500 Goodwill 1,070 j 1,070 Investment in S 2,800 2,800 j Current Liabilities 1,600 500 2,100 Long-term Liabilities 2,200 1,400 120 j 3,720 NCI in Net Assets 990 j 990 Common Stock 100 50 50 j 100 Ret. Earnings, end 4,300 2,500 2,500 - 4,300 8,200 8,200 4,450 4,450 4,160 4,160 11,210 11,210
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AMIS624X2J - Acquisition: Cash Fair value of NCI Total Fair...

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