[kazlotec]

Help!! I have completely lost my mind. I am doing the final review portion of the Becker review for FAR and am absolutely racking my brain on a couple consolidated company questions. I am getting very frustrated because I was able at one time be able to do this stuff in my sleep! I am unable to figure out how they were able to arrive at the Fair Value of the sub with the information given. The company names are Potter and Sequin. Potter paid $600,000 for 80% ownership of Sequin and I have no idea how they are getting Sequin FV of $750,000. If anyone recognizes this question I would GREATLY appreciate your help! If someone is willing to help I will type the question out. Thank you!

[Study Monk]

If you posted the whole question you would get a lot more responses.

I spoke to an ancient wise man who sent me on a mushroom induced journey through an ancient forest to find the key to passing the CPA exam. A talking spider monkey told me to throw the last of my drinking water in the dirt to find what I was looking for. So I followed his instructions and the following message appeared in the soil:

"Do 5000 multiple choice questions for each section"

[Study Monk]

If you posted the whole question you would get a lot more responses.

I spoke to an ancient wise man who sent me on a mushroom induced journey through an ancient forest to find the key to passing the CPA exam. A talking spider monkey told me to throw the last of my drinking water in the dirt to find what I was looking for. So I followed his instructions and the following message appeared in the soil:

"Do 5000 multiple choice questions for each section"

[Anonymous]

I don't know the whole questionsbut the FV of Sequin was arrived by diving $600,000 by 80% as they only purchased 80% and not the full 100.

[Anonymous]

I don't know the whole questionsbut the FV of Sequin was arrived by diving $600,000 by 80% as they only purchased 80% and not the full 100.

[Author]

Replies