Calculate the amount of Purchase consideration, if Anju Ltd. agrees to take over only the floating...
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Calculate the amount of Purchase consideration, if Anju Ltd. agrees to take over only the floating assets and trade liabilities of Madhu Ltd. and to discharge the purchase consideration by issuing equity shares of Rs. 10 each at a premium of 4.5%. The market value of an equity share of Anju Ltd. at present is Rs. 100. The Balance Sheets of Anju Ltd. and Madhu Ltd. as at 31-3-2014 at which date Madhu Ltd was taken over by Anju Ltd. A B с D Rs. 4,10,000 Rs. 4,10,025 Rs. 4,09,970 Rs. 4,65,000 Calculate the amount of Purchase consideration, if Anju Ltd. agrees to take over only the floating assets and trade liabilities of Madhu Ltd. and to discharge the purchase consideration by issuing equity shares of Rs. 10 each at a premium of 4.5%. The market value of an equity share of Anju Ltd. at present is Rs. 100. The Balance Sheets of Anju Ltd. and Madhu Ltd. as at 31-3-2014 at which date Madhu Ltd was taken over by Anju Ltd. A B с D Rs. 4,10,000 Rs. 4,10,025 Rs. 4,09,970 Rs. 4,65,000
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