On 1/1/2016 Company X merged with Company Y in Company Z and the book value of the
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Question:
On 1/1/2016 Company X merged with Company Y in Company Z and the book value of the goods in X and Y at the Union respectively was $ 150,000 and $ 50,000. The goods appeared in the balance sheet of Z after the union with a value of $ 210,000, noting that the fair value of the goods was at Q was less than the carrying amount of $ 12,000. What is the fair value of the goods at p
Select one:
a. 48,000
b. 52,000
c. 72,000
d. 62,000
Related Book For
The Legal Environment of Business A Critical Thinking Approach
ISBN: 978-0132664844
6th Edition
Authors: Nancy K Kubasek, Bartley A Brennan, M Neil Browne
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