On December 3 1 , 2 0 2 0 , Boxwood issued 5 0 , 0 0
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Question:
On December Boxwood issued shares of its common stock $ par value, $ fair value for all the outstanding common shares of Randall Inc. Stock issuance costs of $ were incurred as part of the transaction. The acquisition contract also requires the following: Boxwood will pay $ in cash. Boxwood will pay an additional $ to Randall owners if Randalls earnings exceed $ during the next year. The expected value of the additional payment is $ What is the fair value of consideration paid on the acquisition date?
Related Book For
Intermediate Accounting Reporting and Analysis
ISBN: 978-1285453828
2nd edition
Authors: James M. Wahlen, Jefferson P. Jones, Donald Pagach
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