Question

Chevron Inc. decided on May 1, 2013, to acquire all of the outstanding shares of Chow Ltd. The preliminary acquisition price is to be based on the year-end financial statements dated March 31, 2013. The payment will be made on
June 30, 2013, as well that will be when all the shares of Chow Ltd. will be transferred to Chevron Inc., with an acquisition price adjustment to be made for any difference between the March 31 and June 30, 2013, financial statements.
What would be the acquisition date in this scenario?


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  • CreatedJune 09, 2015
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