问答题 On 1 July 2014 Bycomb acquired 80% of Cyclip’s equity shares on the following terms: –a share exchange of two shares in Bycomb for every three shares acquired in Cyclip; and – a cash payment due on 30 June 2015 of $1·54 per share acquired (Bycomb’s cost of capital is 10% perannum). At the date of acquisition, shares in Bycomb and Cyclip had a stock market value of $3·00 and $2·50 eachrespectively. Statements of profit or loss for the year ended 31 March 2015:
问答题 (a) Calculate the consolidated goodwill at the date of acquisition of Cyclip.(6 marks)
【正确答案】Bycomb: Goodwill on acquisition of Cyclip as at 1 July 2014
【答案解析】
问答题 (b) Prepare extracts from Bycomb’s consolidated statement of profit or loss for the year ended 31 March 2015,for: (i)revenue; (ii)cost of sales; (iii)finance costs; (iv) profit or loss attributable to the non-controlling interest. The following mark allocation is provided as guidance for this requirement: (i)1 mark(ii)3 marks(iii)2? marks(iv) 2? marks (9 marks)
【正确答案】Bycomb: Extracts from consolidated statement of profit or loss for the year ended 31 March 2015
【答案解析】