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40. On July 1, 2016, the Magna Co. acquired 100%% of the Natural Co. for a consideration transferred of P 160,000,000. At the acquisition date,
40. On July 1, 2016, the Magna Co. acquired 100%% of the Natural Co. for a consideration transferred of P 160,000,000. At the acquisition date, the carrying amount of Natural's net assets was P 100/00...
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