The consideration was settled as follows: Cash payment, Issue of 100 000 shares to the seller Issue of debentures to the seller R 1000 000 650 000 450 000 egal and other costs incurred in relation to the acquisition of the shares in relation to Bramely Ltd amounted to R126 000. Costs to issue the shares and the debentures mounted to R89 000 and R77 500 respectively.

The consideration was settled as follows: Cash payment, Issue of 100 000 shares to the seller Issue of debentures to the seller R 1000 000 650 000 450 000 egal and other costs incurred in relation to the acquisition of the shares in relation to Bramely Ltd amounted to R126 000. Costs to issue the shares and the debentures mounted to R89 000 and R77 500 respectively.

Financial Reporting, Financial Statement Analysis and Valuation

8th Edition

ISBN:9781285190907

Author:James M. Wahlen, Stephen P. Baginski, Mark Bradshaw

Publisher:James M. Wahlen, Stephen P. Baginski, Mark Bradshaw

Chapter8: Investing Activities

Section: Chapter Questions

Problem 22PC

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