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- 2016-4-19
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ryanwtyler Wrote:
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> epoh Wrote:
> --------------------------------------------------
> -----
> > shouldn't
> >
> > Assets = 1000+ .6(500)=1300
> > Lia= 700+350*.6=910
> > Equity = 300+.6*150=390
>
>
> no.
>
> its full consolidation so
>
> assets = 1000 + 500 = 1500
> lia = 700 + 350 = 1050
> equity is old equity + (MI% * MI) + equity issued
> to buy company if company was purchased with stock
But that doesn't tie up with what bpdulog said in the second post.
I can at least follow what you've done, simply added the investor's assets/liabilities to the investee's assets/liabilities and then for equity it's the old equity + the MI.
Can you please show the calculation for getting the actual equity amount? |
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