Question
Which of the following statements about consolidated
goodwill is true?Solution
Goodwill arising on consolidation is the excess of the consideration transferred over the acquirer's interest in the fair value of the identifiable net assets acquired. It is not amortized but is tested for impairment annually.
There are four people P, Q, R and S. R and P are the oldest and youngest among them. Q is older than S. The present age of R is double the present age o...
A boy’s age is 125% of what it was 8 years ago, but 75% of what it will be after 8 years. What is his present age?
Currently, the age of 'A' is 37.5% greater than 'B's age, with a difference of 15 years between them. In five years, what will be the age ratio of 'A' t...
Present ages of 'A' and 'B' are in the ratio 3:5, respectively. If B's age, 11 years hence from now will be 5 times of A's age, 18 years ago from now, t...
The current age ratio of Rohit and Varun is 9:7. If 6 years back, the total of their ages was 120 years, what’s the gap between their present ages?
The ratio between the present age of Beena and Meenal is 5:7, where Sumit is 6 years younger than Meenal then find the ratio of their ages 9 years hence.
Three years ago, the ratio of ages of C and D was 3:4. Seven years from now, the ratio of their ages will be 5:6. What is the current age of C?
A is younger than B by 5 years. If the ratio of A and B ages is 7:8 respectively, then find the age of A.
- The present age ratio of R and S is 2:3. After 8 years, the ratio will be 3:4. Find the present age of S.
Four years ago, the ratio of ages of ‘Ravi’ and his sister was 3:4, respectively. 4 years from now, the ratio of ages of Ravi and his mother will be...