Question: Please help with the 525 words, not sure how to write Exam Content Arizona Corp. had the following account balances at 12/1/19: . Receivables: $96,000;

Please help with the 525 words, not sure how to write

Please help with the 525 words, not sure how to write Exam

Exam Content Arizona Corp. had the following account balances at 12/1/19: . Receivables: $96,000; Inventory: $240,000; Land: $720,000; Building: $600,000; Liabilities: $480,000; Common stock: $120,000; Additional paid-in capital: $120,000; Retained earnings, 12/1/19: $840,000; Revenues: $360,000; and Expenses: $264,000. Several of Arizona's accounts have fair values that differ from book value. The fair values are: . Land - $480,000; Building - $720,000; Inventory - $336,000; and Liabilities - $396,000. Inglewood Inc. acquired all of the outstanding common shares of Arizona by issuing 20,000 shares of common stock having a $6 par value, but a $66 fair value. Stock issuance costs amounted to $12,000. Imagine you are the decision maker at Inglewood Inc. Prepare a fair value allocation and goodwill schedule at the date of the acquisition. Determine in 525- words whether you would encourage acquiring Arizona Corp? Be sure to include your rationale. Submit your assignment. Resources . Center for Writing Excellence Reference and Citation Generator . Grammar and Writing Guides

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