1. Discuss how can a firm restructure itself and how do these methods differ in terms of ownership. (NEED HANDWRITTEN)

(8 marks)

(CLO3:PLO2:C2)

1. The acquisition of one firm by another is, of course, an investment made under uncertainty, and the basic principles of valuation apply. One of the important gains during acquisition is through tax benefit. Discuss THREE (3) possible tax gains from an acquisition exercise.

(9 marks)

(CLO3:PLO2:C2)