Multiple Choice
Bolton Limited acquires the net assets of Pamelia Limited for a cash consideration of $100 000.One half is to be paid on acquisition date and one half is payable in one year's time.The appropriate discount rate is 10% p.a.The present value of the cash outflow in one year's time is:
A) $45 454
B) $50 000
C) $54 545
D) $55 000
Correct Answer:
Verified
Correct Answer:
Verified
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