Q plc allotted ten million of its ordinary shares of 1 each, quoted in the market at
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Q plc allotted ten million of its ordinary shares of £1 each, quoted in the market at 180p each, to acquire P Ltd as an ongoing business. The tangible assets of P Ltd had a market value on this date of £15 million. How much has Q plc paid to acquire P Ltd’s goodwill?
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Related Book For 
Financial Accounting An Introduction
ISBN: 9780273737650
2nd Edition
Authors: Mr Barry Elliott, Mr Augustine Benedict
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