Unity Limited Acquired 100% of the Share Capital of Bellvista

question 21

Multiple Choice

Unity Limited acquired 100% of the share capital of Bellvista Limited. Bellvista had issued share capital of $200 000. The book values of Bellvista Limited's assets were: buildings $100 000, machinery $120 000. The fair values of these assets were: buildings $180 000, machinery $140 000. The tax rate is 30%. The fair value of the identifiable net assets is:

• A) $270 000.
• B) $220 000.
• C) $320 000.
• D) $200 000.

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Definitions:

Brain Activity

The electrical and chemical processes occurring within the brain that are associated with various mental functions and behaviors.

Left Hemisphere

The left hemisphere of the brain is primarily involved in controlling the right side of the body and is often associated with analytical tasks, such as language processing, mathematics, and logic.

Smiling

A facial expression featuring the upward curving of the mouth, often expressing happiness, amusement, or sociability.

Negative Mood

Negative mood refers to a temporary state of feeling sad, anxious, irritable, or generally unhappy, affecting one's thoughts, perceptions, and behavior.