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How do determine and calculate goodwill

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On 1 January 20.19, P Ltd acquired a 75% interest in S Ltd. From that date P Ltd had control over S Ltd as per the definition of control in terms of IFRS 10. The fair value of the consideration was R1,4 million. The fair value of the identifiable net assets of S Ltd amounted to R1,65 million at the acquisition date. The non-controlling interests are measured at their proportionate share of the acquiree's identifiable net assets at the acquisition date.

Question 1: Calculate Goodwill?

Reference no: EM132603928

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