Question: PlEASE answer # 5 including a, b, c, d, e, and f . And prepare a consolidation. Pocket Corporation acquired 100 percent of Sirap Corporation's

PlEASE answer # 5 including a, b, c, d, e, and f . And prepare a consolidation.

Pocket Corporation acquired 100 percent of Sirap Corporation's common stock on December 31,21 Balance sheet data for the two companies immediately following the acquisition follow: 1. What is the BV of Strap? 2. What is the FMV of Strap? 3. What is the FV of the net assets of Strap? 4. What is the differential? 5. What is the total that should appear in the consolidated balance sheet prepared immediately after the business combination. a) Inventory b) goodwill c) total assets d) total liabilities e) consolidated retained had a fair value of $45,000 Pocket Corporation acquired 100 percent of Sirap Corporation's common stock on December 31,21 Balance sheet data for the two companies immediately following the acquisition follow: 1. What is the BV of Strap? 2. What is the FMV of Strap? 3. What is the FV of the net assets of Strap? 4. What is the differential? 5. What is the total that should appear in the consolidated balance sheet prepared immediately after the business combination. a) Inventory b) goodwill c) total assets d) total liabilities e) consolidated retained had a fair value of $45,000

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