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NEW QUESTION: 1
The IV Group is formed of I Ltd and its subsidiary company V Ltd. I Ltd purchased 67% of V Ltd's ordinary share capital on 31 March 20X3.
The purchase cost I Ltd £129,000. At the date of purchase V Ltd's net assets were £155,000 while its share capital was £37,000. NCI fair value on the date of acquisition was £31,000.
What was the amount of goodwill I Ltd paid as part of the acquisition. Calculate this figure using both the proportion of net assets method and the full good will method for valuing the non-controlling interest.
A. Full goodwill method = £5,000
B. Proportion of net assets method = £25,150
C. Proportion of net assets method = £77,150
D. Proportion of net assets method = £5,000
E. Full goodwill method = £57,000
F. Full goodwill method = £25,150
Answer: A,B

NEW QUESTION: 2
What is SLC?
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B. Service level configuration
C. Service level contracts
D. Standard level configuration
Answer: C

NEW QUESTION: 3
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A. Software needs to be upgraded to latest versions.
B. Revenue streams are slowed or stopped.
C. Brand perception is damaged.
D. Data center personnel need to be retrained.
Answer: B