Hello, I need help with my homework please

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Answered Same DayOct 13, 2021

Answer To: Hello, I need help with my homework please

Yash answered on Oct 15 2021
150 Votes
10.)
Investment to be recorded at date of acquisition:
    Particulars
    Amount
($ in ‘000)
    Value o
f equity shares issued (50000*35)
    1750
    Value of contingency expenses
    5
    Full Value of consideration paid i.e. the amount to be recorded as Investment
    1,755
Consolidated Inventory at date of acquisition:
    Particulars
    Amount
($ in ‘000)
    Value of Atwood Inventory
    1230
    Fair Value of Franz Co. Inventory
    580
    Consolidated Inventory at date of acquisition
    1810
Consolidated land at date of acquisition:
    Particulars
    Amount
($ in ‘000)
    Value of Atwood Inventory
    1800
    Fair Value of Franz Co. Inventory
    250
    Consolidated land at date of acquisition
    2050
Consolidated Building at date of acquisition:
    Particulars
    Amount
($ in ‘000)
    Value of Atwood Inventory
    1800
    Fair Value of Franz Co. Inventory
    650
    Consolidated Building at date of acquisition
    2450
Consolidated Goodwill at date of acquisition:
    Particulars
    Amount
($ in ‘000)
    Full Value of consideration...
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