FSA

Couple questions Minority interest under consolidation - Say for example you purchase 60% of a firm. When you calculate minority interest after the purchase do you calculate 40% of the amount you paid (including FMA and Goodwill) or 40% of the fair market value. With Available for sale securities - if market value > cost then it is showing at market value on the balance sheet and under comprehensive income? or does some of it show up under deferred tax liability? Thanks

40% of the CS+RE of the target firm OCI

40% of the net worth (A-L)

Thanks What offsets the FMA and the Goodwill on the BS then? Just an increase in equity? A-(L + minority interest) = 0 added from the sub’s balance sheet