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Gonzo consolidated statement of financial position

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Gonzo acquired 80% of SC of Bamboo a number of years ago. Bamboo has issued 200,000 $1 shares which had market price of $3.10 on acquisition. The carrying value of Bamboo's net assets today is $650,000 this is $50,000 higher than it was on acquisition.

What amount should be shown for Non controlling interest in Gonzo's consolidated statement of financial position?

Reference no: EM132420408

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