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Chandimal Ltd paid a consideration of $650000 on 1.1.20X5 to acquire.pdf

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Chandimal Ltd paid a consideration of $650000 on 1.1.20X5 to acquire 85% of Beta's 200,000 $1 ordinary shares. At the date of acquisition Beta's quoted share price was 1.4$, its retained earnings were $175000 and fair value of its assets exceeded their book value by $300000. What is the goodwill/(badwill) under Method 2? (Use brackets if badwill.).

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Chandimal Ltd paid a consideration of $650000 on 1.1.20X5 to acquire 85% of Beta's 200,000 $1 ordinary shares. At the date of acquisition Beta's quoted share price was 1.4$, its retained earnings were $175000 and fair value of its assets exceeded their book value by $300000. What is the goodwill/(badwill) under Method 2? (Use brackets if badwill.)

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