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What the fair value of the identifiable net assets

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Question - A Limited acquired 100% of the share capital of B Limited. B had total shareholder's equity of $250 000. The book values of B Limited's assets were: land $150 000, machinery $90 000. The fair values of these assets were: land $180 000, machinery $100 000. The tax rate is 30%. What the fair value of the identifiable net assets?

Reference no: EM133034246

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