On $19$ April $2023,$ Wesfarmers Limited $($ASX: WES$),$ through its wholly$-$owned subsidiary Australian Pharmaceutical Industries Pty Ltd$,$ proposed to acquire $100$ percent of the outstanding shares of SILK Laser Australia Limited $($ASX: SLA$).$ Based on your own research, critically evaluate and analyse the acquisition of SILK Laser Australia Limited by Wesfarmers Limited. Your discussion should address but is not limited to the following question.

Question: A cursory look at the $2023$ statement of financial position of SILK reveals that intangible assets $($including goodwill$)$ accounted for more than $50\%$ of the total assets. Based on your own research, explain what these intangible assets are and where they are coming from?

Here is the marking criteria for a HD response

$$ Correctly identifies all different types of intangible assets recorded in the balance sheet of the acquiree.

$$ Provides a clear discussion of the origins of the different types of intangible assets.

$$ Demonstrates a clear understanding of the concept that goodwill only arises from previous acquisitions.

Please help