Question
A Ltd acquires 75% of entity B in exchange for Ksh.85,000,000 cash and 1,000,000 of its shares (fair value = Ksh.10,000,000) issued for the transfer.
A Ltd acquires 75% of entity B in exchange for Ksh.85,000,000 cash and 1,000,000 of its shares (fair value = Ksh.10,000,000) issued for the transfer.
A Ltd incurred Ksh.5,000,000 advisory and legal costs directly attributable to the business combination and Ksh.1,000,000 share issue expenses
Required: Determine the cost of the Business combination
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Finding Your Granite My Four Cornerstones Of Personal Leadership Security Audit And Leadership Series
Authors: Douglas P. Pflug
1st Edition
1032034114, 978-1032034119
