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Boldklub Ltd pays $89 million to acquire Nomme Pty Ltd. At the date of acquisition, the directors of Boldklub Ltd determined Nomme Pty Ltd's
Boldklub Ltd pays $89 million to acquire Nomme Pty Ltd. At the date of acquisition, the directors of Boldklub Ltd determined Nomme Pty Ltd's net assets had a fair value of $75 million. State, in $ millions, the goodwill that Boldklub Ltd would recognise from this event. Question 19 1 pts An item of Plant and equipment is carried under the revaluation model and at the reporting date, the accounting records reveal the following information: Cost $653 million Accumulated depreciation $178 million At the same date, the fair value of the asset is estimated to be $498 million and its value-in-use is estimated at $509 million. State, in $ millions, the carrying amount at which the Plant and equipment would be reported.
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