Shaw owns 80% of Gorman. The following information is available:
Consolidated Goodwill is $325,000.
The fair value of the controlling interest is $700,000
The fair value of the noncontrolling interest is $225,000
The fair value of 100% of Gorman net assets acquired is $600,000
How much Goodwill is allocated to the noncontrolling interest
$480,000 |
||
$0 |
||
$105,000 |
||
$220,000 |
||
$325,000 |
For any clarifications please comment, thank you.
Get Answers For Free
Most questions answered within 1 hours.