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- 2011-7-11
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- 2014-8-7
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FinNinja Wrote:
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> The two questions are similar but not the same.
>
> The first one has a mkt value at the time of
> transfer of 8 mill, but the second question's mkt
> value adjustment doesn't come until after the
> transfer ("Subsequent to the transfer")
>
> That is why it is written down on the equity
> section in the second Q and on the I/S in the
> first Q.
Also, this question does not state GAAP, so we are supposed to assume IFRS, rendering the question impossible and/or "of garbage like nature." |
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