FSA READING 19 pg 164
- Based on Byron’s forecast, if NinMount deems it has acquired control of Boswell, NinMount’s consolidated 2009 depreciation and amortization expense (in £ millions) will be closest to:
A. 102. B. 148. C. 204.
I don’t know why the answer in the book recogonize the full amortization amout of the license, does’t it only have 50% stake in the company?
also, why full goodwill is used here? It’s said both of the two companies are in accordance with IFRS.