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Raven Ltd acquired all the assets and liabilities of Cobalt Ltd . In exchange, Raven Ltd agreed to provide the following items of consideration: Cash
Raven Ltd acquired all the assets and liabilities of Cobalt Ltd In exchange, Raven Ltd agreed to provide the following items of consideration:
Cash payment of $: $ of which was paid on the acquisition date; the remaining balance was to be paid a year after the acquisition;
newlyissued ordinary shares in Raven Ltd at the face value of $ per share. Raven Ltds shares were trading at $ per share on the acquisition date.
Machinery with the netofdepreciation carrying amount of $ and a current market value of $
Raven Ltds marginal cost of capital is per annum. The company tax rate is
What is the consideration transferred for the business combination?
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