X company acquired 90% of the voting stock of company Y by paying $75,000 in cash and stock. The fair value of the noncontrolling interest is $20,000. The book value of Y company is $56,000. Calculate the percentage of total goodwill that is allocated to the controlling interest according to U.S. GAAP? (Assume that no revaluations of acquired identifiable net assets is required.) A) 63% B) 67% C) 75% D) 90%

B8.

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L2-4 Awe Company pays CU500,000,000 for a 30% interest in Groy Company on July 1, 19x2 when the book value of Groy Company's net assets equals fair value. Awe Company amortizes any goodwill from this investment over 20 years. Information related to Groy Company is as follows:   31 Desember 19x1 31 Desember 19x2 Share capital, nominal IDR 1,000 Rp600.000.000 Rp600.000.000 Retained earning 400.000.000 500.000.000 Total Shareholders' Equity 1.000.000.000 1.100.000.000 Net profit earned during the year 19x2   200.000.000 Dividend for the year 19x2 (paid on March 1 of Rp. 50,000,000 and September 1 of Rp. 50,000,000)   100.000.000 Required: calculate Awe Company's revenue from Groy Company for the year 19x2