Homework Answers
(A)Calculation of the gooodwil
| Particulars | Amount(In Mn $) |
| Investment made in the Stewart Corporation | 180 |
| Less : Identifiable Net Assets( Fair Value of all units)(55+85+30) | 170 |
| Goodwill | 10 |
Calculation of the Allocation of the goodwill to All units
| Particulars | Network | Global Service | Mobile Broadband | U.S. Celluler |
|
Goodwill of 10 to be allocated in ration of Net asset ratio(15:60:25) |
1.5 | 6 | 2.5 | 10 |
(B)
| Particulars | Network | Global Service | Mobile Broadband | U.S. Celluler |
| Book Value | 48 | 92 | 33 | 100 |
| Fair Value | 50 | 90 | 25 | 95 |
| Impairment | 2 | 2 | 8 | 5 |
| Allocation to :- | ||||
| Goodwill | 0 | 2 | 2.5 | 5 |
| Asset | 0 | 0 | 5.5 | 0 |
| Balance:- | ||||
| Goodwill | 1.5 | 4 | 0 | 5 |
| Asset | 48.5 | 86 | 25 | 90 |
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Need help for parts a & b for the problems
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