Ch6hBW - P6.1 Acquisition: Cash price paid Fair value of...

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P6.1 Acquisition: Acquisition: End Year 20x0: Cash price paid NCI at acquisition: Total CI NCI Fair value of NCI Book value of Sub - $ Reported Net Inc. Total Fair Value Prev. Unrecord. Intangi - Adjustments: Book value of Sub - Upstream Markup Beg. Fair value in excess of book X 10% Downstream Markup Beg. Prev. Unrecord. Intangibles - Upstream Markup End. Total goodwill NCI goodwill - Downstream Markup End. NCI in Net Assets - $ Share of NI Goodwill to CI: Acquisition price Adjustments Split: Less CI share 90% of (book value equity + PUI) PUI 100% CI goodwill CI has this percentage of GW Goodwill 100% Goodwill to NCI: Total goodwill Less: CI goodwill NCI goodwill NCI has this percentage of GW Chapter 6 Homework--1 AMIS 624 David E. Wallin copyright 2009 All Rights Reserved
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P6.1 Parent Sub Adjustments Consolidated 31 Dec 20x0 Complete Equity Sales 15,000 6,000 Cost of Sales 9,050 3,170 Oper. Expenses 4,150 1,930 Equity in S Income 813 Consolidated Net Inc. 2,613 900 NCI in Net Income Net Income/Loss Parent 2,613 900 Ret. Earnings, beg. 6,700 2,300 Net Income/Loss 2,613 900 Dividends Declared 1,000 400 Ret. Earnings, end 8,313 2,800 Current Assets 1,950 980 PPE, net 5,810 5,120 Intangibles 4,270 Investment in S 4,183 Goodwill Liabilities
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This note was uploaded on 08/06/2011 for the course AMIS 624 taught by Professor Wallin during the Summer '11 term at Ohio State.

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Ch6hBW - P6.1 Acquisition: Cash price paid Fair value of...

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