NO.PZ2018111303000027
问题如下:
Fabian, CFA, work on the Equity investment company. Golden Elementary school paid ¥360 million to purchase 50 percent Frost Early Education Center on 31 December 2018. The excess of the purchase price over the fair value of Frost’s net assets was attributable to previously unrecorded licenses. These licenses were estimated to have an economic life of five years. The fair value of Frost’s assets and liabilities other than licenses was equal to their recorded book value.
Golden and Frost’s condensed income statements for the year ended 31 December 2018, and Balance Sheet are presented the following table:
If both companies' 2019 data is the same as those in 2018 and Golden can control Frost, Golden’s consolidated 2019 depreciation and amortization expense would be:
选项:
A.142
B.191
C.222
解释:
C is correct.
考点:acquired method-more complicated issues
解析:
因为题干中说了,超出net fair value的部分是由于unrecorded licenses,其他A & L的fair value=book value。这句话可以得到两个结论:
1. 子公司有一个未记账的资产,而在合并报表中,这项资产应该加回。它的价值是超过子公司净资产 fair value的部分,即=360/0.5 -565=155
2. 该项合并不产生goodwill,因为超过子公司净资产FV的部分都是由于未记账的资产产生,所以没有GW.
既该资产应该加回到B.S中,那么加入之后也应该计其产生折旧费用,但子公司现在的I.S中是没有包含这一项折旧的,所以在利润表中我们也需要做相应的调整。
资产的价值=155,5年折旧,每年的折旧费用=155/5=31
所以合并报表之后,总的折旧和摊销=106+85+31=222
问题如下:
1.equity method一般用于仅投资的项目吗,就是还没达到控制程度时候就用equity method?
2.达到控制程度的话就用acquisition method?