450 1. Assume the following data apply shortly after Python Co. acquires Snakes Co.: P Co. (000s) S Co. (000s) Assets 200 Liabilities 250 125 CS 75 35 APIC/OCC 75 30 RE 50 10 Passets have a fair value = 435k; S'identifiable assets have a fair value = 300k. P acquires 80% of S's outstanding voting stock for $160k cash. S' assets include pre-acquisition Goodwill of 20k, and P's assets (and S' liabilities) reflect a loan P has made to S for 10k. The DOA consolidated Balance Sheet should show (hint: your B/S should balance: a+b-c=d+e+f+g): a. identifiable assets b. Goodwill (algebraic) liabilities C. d. Common Stock e. APIC/OCC f. RE g. Noncontrolling interest h. Differential 450 1. Assume the following data apply shortly after Python Co. acquires Snakes Co.: P Co. (000s) S Co. (000s) Assets 200 Liabilities 250 125 CS 75 35 APIC/OCC 75 30 RE 50 10 Passets have a fair value = 435k; S'identifiable assets have a fair value = 300k. P acquires 80% of S's outstanding voting stock for $160k cash. S' assets include pre-acquisition Goodwill of 20k, and P's assets (and S' liabilities) reflect a loan P has made to S for 10k. The DOA consolidated Balance Sheet should show (hint: your B/S should balance: a+b-c=d+e+f+g): a. identifiable assets b. Goodwill (algebraic) liabilities C. d. Common Stock e. APIC/OCC f. RE g. Noncontrolling interest h. Differential