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On 1 July 2015, Andy Ltd acquired all the issued shares of Claire Ltd (cum div). Andy Ltd paid $60 000 in cash and 20

On 1 July 2015, Andy Ltd acquired all the issued shares of Claire Ltd (cum div). Andy Ltd paid $60 000 in cash and 20 000 shares in Andy Ltd valued at $2 per share. At the date of acquisition Claire's...

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