Baghdad Co. paid BD 300, 000 cash to acquire Basra Co. current assets of basra co included cash of BD 50,000 , account recivable BD 20,000 and account payable BD 10,000.

The acquisition price to be included in cash flows statment is:

A. BD (250,000) under investing activities.

B. BD 230,000 under investing activities

C. BD 250,000 under investing activities

D. BD (230,000) under investing activities

Answer rating: 100% (QA)

C BD 250000 under investing activities When one company acquires another company the acqui... View the full answer