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