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：
Golden’s long-term debt to equity ratio on 31 December 2018 most likely will be lowest if the results of the acquisition are reported using:
选项：
A.the equity method
B.consolidation with full goodwill
C.consolidation with partial goodwill
解释：
A is correct.
考点：不同的合并会计报表方法下，会计科目的对比。
解析：
如果使用equity method，long-term debt to equity=520/1,330=0.39
如果使用consolidation method,
long-term debt to equity=(520+390)/(1,330+360)=0.54
很多同学不知道这个360哪里来的。
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
因为这一题 有一个unrecorded licenses没有计入在Frost公司的账上，但在合并报表的时候，应该将子公司未入账的资产也合并进来，所以我们需要将这个资产加进去。
unrecorded licenses=360*2-565=155
所以现在子公司的equity=155+565=720， MI=720*50%=360
对于consolidation method，母公司的equtiy的变化只是MI，所以分母是加上360
如果此题中investment-fair value of net identifiable asset并不都是unrecorded license，那么就有goodwill，考纲是不考full和partial goodwill的计算的吧？因为如果要调整equity，肯定要用到这两个的计算。只需要知道full导致high MI，partial导致low MI即可以了吧？
