Has anyone reached n understood question 27? I did not get the excess purchase price allocated to licenses. According to my calculation it’s purchase price 320 mill - 50%of boswells net assets (1070 - 490 = 580 * 50%)=290 which equals 30 mill. Please explain
30 mill = 50% so 100% = 60 mill… if I remember correctly.
I don’t get it.why is 30 mill 50%
30 Mill is the Goodwill when 50% of the company was owned by Boswell. With the full company owned - the Goodwill would become 60 Mil.
post the question my friend in this country
read the book my friend in that country!!!