Question
ABC Ltd. acquired 80% of the equity shares in XYZ Ltd.
on 1st April 2022 for ₹40 lakh. On the acquisition date, XYZ Ltd. had retained earnings of ₹10 lakh. Calculate the amount of goodwill to be recognised if the fair value of net assets acquired was ₹30 lakh.Solution
Goodwill = Consideration – Parent’s share in net assets = ₹40 lakh – (80% × ₹30 lakh) = ₹40 – ₹24 = ₹16 lakh
What does Galvanometer do?
Which of the following is a chemical change?
Which of the following processes is responsible for the rusting of iron?
Two billiard balls each of mass 0.02 kg moving in opposite directions with speed 5 m s−1 collide and rebound with the same speed. What is t...
At what temperature a body will not radiate any heat energy?
The study of the inheritance of traits in humans is called
Which part of the body is affected by tuberculosis (TB)?
The number of electrons present in Carbon is?
A mass m moves in a vertical circle of radius R under gravity. What is the minimum mechanical energy required to complete the circle?
