questions attached below

Question 1: Business Combination 2]] marks. Raaar Data Ltd's major business is in the internet industry. It provides several data bundles for different target groups, as well as having a very promising line on mobile phone accessories Eaaar Data has been interested in the operations of Slow Data Ltd, a rival entity with similar operaons. Given its interest in the internet business and its desire to stay as one of the leaders in this area, Rattaar Data Ltd began negotiations with Slow Data Ltd to acquire its internet servioe division. Negotiations began in July 2019. After months of discussion between the relevant parties of both companies, an agreement was reached on 14'\" February 2020 for Rattaar Data to acquire the internet servioe division. The agreement was ratied by the board ofdirectors on 1\" Marci": 2020. Th net assets were exchanged on this date. The net assets of internet servioe division as of 1st March 2132!], showing the carrying amcrunts at that date and the fair values as estimated by Rattaar Data Ltd from documentation supplied by Slow Data Ltd, were as shown below: Carqring Amount Fair Value [$1 151 Land m m Total Liabilities \f\fQuestion 2: Consolidation: Controlled Entities 10 marks RamGopal Co is an investee company which has annual general meetings where decisions to direct the relevant activities are made. The next scheduled annual general meeting is in eight months. However, shareholders that individually or collectively hold at least 5 per cent of the voting rights can call a special meeting to change the existing policies over the relevant activities, but a requirement to give notice to the other shareholders means that such a meeting cannot be held for at least 30 days. Policies over the relevant activities can be changed only at special or scheduled annual general meetings. Required: Discuss whether the following investor companies have the current ability to direct the relevant activities of RamGopal Co. Give reasons to support your answer. a) KrisnGopal Co holds majority of the voting rights in RamGopal Co (2 marks) b) ShyamGopal Co holds a substantive option to acquire majority of shares in RamGopal Co that is exercisable in 25 days and is deeply out of money. (2 marks) c) ShiuGopal Co is party to a forward contract to acquire majority of shares in RamGopal Co. The forward contract's settlement date is in 25 days. (3 marks) d) MohanGopal Co is party to a forward contract to acquire majority of shares in RamGopal Co, with no other related rights over RamGopal Co. The forward contract's settlement date is in six months.