How much is par value per share of burn ordinary shares

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Burns co. issued 20,000 ordinary shares in exchange for all the outstanding shares of sighing, inc. on acquisition date, sighings net identifiable assets have a carrying amount of 4,000,000 and fair value of 2,000,000. the transaction increased burns' premium by 400,000; however, no goodwill resulted from the business combination.

1. How much is acquisition-date fair value per share of the ordinary shares issued by Burns?

2. How much is par value per share of Burn's ordinary shares?

Reference no: EM133234357

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