Question: alpha plc invested 260000 in 150000 ordinary shares of 1...
Alpha plc invested €260,000 in 150,000 ordinary shares of €1 each in Zeta Ltd. At the
date of acquisition the equity of Zeta Ltd comprised €200,000 in share capital and
€120,000 in retained earnings. What is the value of goodwill at the date of
acquisition? How is this calculated step-by-step?