WorksheetsDIA FA2 CONSOLIDATION
Total questions: 10
Worksheet time: 5mins
Vaksin Berhad acquired 2m equity shares in Corona Berhad. Identify the acquirer and acquiree.
Vaksin acquirer.
Corona acquirer.
Honda plc has 2m equity shares. Toyo Berhad acquired 800,000 equity shares in Honda. What is the % of control by Toyo in Honda?
60%
20%
75%
40%
What is the % of control the investor must achieve to form a group structure?
more than 20%
20% to 50%
less than 50%
more than 50%
The following type of shares can be considered to form a group.
OSC
Equity shares
Preference shares
Debentures
A control 75% of equity shares in B. What is the NCI %?
25%
Not applicable
100%
20%
During 2020 H sold goods to S for $ 20,000 at mark up 1/3. S manage to sell 80% of the goods by 31/12/2020. Compute URP?
600
500
3000
1000
At the takeover date the NA of subsidiary amounted to $60,000. H% is 60%. Compute Q?
24,000
36,000
20,000
10,000
COI in subsidiary is $100,000. NA of subsidiary at takeover date is $80,000. H% is 75%. Compute the goodwill.
20,000
40,000
60,000
10,000
Total goodwill calculated at takeover date is $20,000. H% is 60%. Impairment of goodwill for the year is 5%. Compute the amount of goodwill impaired.
1,500
1,000
800
nil
Subsidiary sold goods to H for $50,000 at margin 5%. At year end none of the goods sold by H. calculate URP.
nil
2,000
2,500
7,000
