Suppose A ltd acquires B Ltd. In B's BS, no Goodwill. But G/w is valued at 1 lac. PC is based on intrinsic value. So to calculate PC we take assets at revalued fig (incl g/w). Again to compare PC with Net assets, should we take assets at revalued fig or book value. Our teacher has solved 2 prob in 2 different ways depending on whether g/w will appear in new BS or not...plz help...hope u understood my query.