Question

S Ltd was taken over by R Ltd. The following position was mutually agreed upon: Particulars
S Ltd
R Ltd
No. of Shares Face value of share
Net Assets
60,000
100
3,60,000
90,000
10
72,00,000
Ascertain intrinsic values of the shares, ratio of exchange of shares and No. of shares to be issued.

Answer 1

Answer:

Explanation:

The answer is in picture inserted

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