chapter 2, 19

Project Description:

following are preacquisition financial balances for padre comany and sol company as of december 31. also included are fair values for sol company accounts. on december 31, padre acquires sol's outstanding stocks by paying $360,000 in cash and issuing 10,000 shares of its own common stock with a fair value of $40 per share. padre paid legal and accounting fees of $20,000 as well as $5,000 in stock issuance costs.

determine the value that would be shown on padre and sol's consolidated financial statements for each of the following:
inventory, land, buildings and equip, franchise agreements, goodwill, revenues, additional paid-in capital, expenses, retained earnings, 1/1
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Price Type: Negotiable

Total Proposals: 16
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