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/ 16X 1 td acquired a Pate nt Right of a Manufacturing Drug from Y Ltd. In exchange, X Ltd gives its Intellectual Property Right

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/ 16X 1 td acquired a Pate nt Right of a Manufacturing Drug from Y Ltd. In exchange, X Ltd gives its Intellectual Property Right and intellectual Property Rights aro20 0000 and180000 rsp ively to Y Ltd. Current Market Value of the Patent At what value should the PatentRight initially recognised in the books of X Ltd in following two sluations? (a) WXLtd did not pay any cash to YLtd, (b)XLtd pays 200,000 to Y Ltd. 4.43

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