P Ltd Acquired 80% of S Ltd for a Consideration

question 27

Multiple Choice

P Ltd acquired 80% of S Ltd for a consideration of $500 000.At the date of acquisition,the following information is available: $\begin{array}{l}\text { S Ltd issued capital } &\$350,000\\\text { Retained earnings } &\$ 160,000 \\\text { Fair value of land }& \$ 200,000\\\text { (carrying amount } \$ 100000 \text { ) }\\\text { Fair value of } \mathrm{NCl}&\$150,000\\\text { Tax rate } 30 \%\end{array}$
- Using the fair value (100% goodwill) method,the goodwill on acquisition is:

• A) $140 000.
• B) $186 000.
• C) $70 000.
• D) none of the above.

Discuss the types and importance of validity in personality assessment.

Identify the most widely used personality assessment tools and their target users.

Understand the influence of ethnicity, culture, and demographics on personality assessment.

Distinguish between various research methods and their applications in studying personality.

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Definitions:

External Equity

Financing obtained from sources outside a company, such as public stock offerings or venture capital investments.

Flotation Cost

Flotation cost is the total charges associated with creating and issuing new shares of stock, encompassing underwriting, legal, and registration fees.

Equity Capital

Funds raised by a company in exchange for shares of ownership, representing the value of shareholders' equity.

Retaining Earnings

Profits that a company has decided to keep or reinvest in itself rather than pay out as dividends to its shareholders.