Question
B owns all the issued shares of Blue Ltd. The shares have a market value of $300,000. C intends to acquire 50% ownership in Blue.
B owns all the issued shares of Blue Ltd. The shares have a market value of $300,000. C intends to acquire 50% ownership in Blue. To accomplish this, Blue will issue additional shares to C. What price will C pay to acquire 50% of the issued share capital of Blue?
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Core Concepts of Accounting Information Systems
Authors: Mark G. Simkin, Jacob M. Rose, Carolyn S. Norman
12th edition
1118022300, 978-1118022306
