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During August 20X5,Atticus Ltd Acquired the Share Capital of Finch

question 17

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During August 20X5,Atticus Ltd acquired the share capital of Finch Pty Ltd in exchange for 1,000,000 shares in Atticus Ltd with a fair value of $10 per share.Share issue costs amounted to $400,000 and an amount of $400,000 was paid to consultants.Atticus Ltd also took over the loans payable to the shareholders of Finch Pty Ltd by that company of $2,000,000.The cost of the investment is:

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Definitions:

Extinction

In psychology, the gradual weakening and disappearance of a conditioned response when the conditioned stimulus is no longer paired with the unconditioned stimulus.

Discrimination

The unjust or prejudicial treatment of different categories of people, especially on the grounds of race, age, sex, or disability.

Adaptive Value

The extent to which a trait or behavior increases the odds of survival and reproduction for an organism in its environment.

Classical Conditioning

The educational process of repeatedly combining two stimuli; a reaction that initially occurs in response to the second stimulus eventually happens in response to the first stimulus alone.

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