Measuring Intangible Assets Acquired During Business Combination Zeytonna Bhd. had acquired Cambri Bhd. on 31 August 2018. The company identified the assets of Cambri Bhd. at the date of acquisition. While the company managed to identify the value of other assets of Cambri Bhd. upon acquisition, it was not clear on how to treat the intangible assets of Cambri Bhd. The following information is available relating to various intangible assets of Cambri Bhd. (a) A coconut oil quota of 2,000,000 litres at 30 sen per litre. There is an active market trading in coconut oil and other quotas. (b) Cambri Bhd. had managed to secure a government licence to experiment with the use of crude shea butter in cosmetic products shortly before Zeytonna Bhd. acquired the company. The licence was secured free of charge and was one of the reasons why Zeytonna acquired Cambri. The licence is not transferable, but the directors estimated that it has value to the company based on discounted cash flows for a 5-year period of RMl million. (c) A virgin coconut oil product sold under the brand name 'Pretty Amazing' was valued by directors at RM2 million. Further enquiry established that a similar brand name had been recently sold for RM1.5 million. Required: Advise Zeytonna Bhd. on how each of the items would be treated at the acquisition date, i.e. August 2018