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59. The financial balances for the Atwood Company and the Franz Company
as of December 31, 20X1, are presented below. Also included are the fair values
for Franz Company's net assets.
Note: Parenthesis indicate a credit balance
Assume an acquisition business combination took place at December 31, 20X1.
Atwood issued 50 shares of its common stock with a fair value of $35 per share
for all of the outstanding common shares of Franz. Stock issuance costs of $15
(in thousands) and direct costs of $10 (in thousands) were paid.
Compute the consolidated common stock at date of acquisition.
60. The financial balances for the Atwood Company and the Franz Company
as of December 31, 20X1, are presented below. Also included are the fair values
for Franz Company's net assets.
Note: Parenthesis indicate a credit balance
Assume an acquisition business combination took place at December 31, 20X1.
Atwood issued 50 shares of its common stock with a fair value of $35 per share
for all of the outstanding common shares of Franz. Stock issuance costs of $15
(in thousands) and direct costs of $10 (in thousands) were paid.
Compute consolidated inventory at the date of the acquisition.
61. The financial balances for the Atwood Company and the Franz Company
as of December 31, 20X1, are presented below. Also included are the fair values
for Franz Company's net assets.
Note: Parenthesis indicate a credit balance
Assume an acquisition business combination took place at December 31, 20X1.
Atwood issued 50 shares of its common stock with a fair value of $35 per share
for all of the outstanding common shares of Franz. Stock issuance costs of $15
(in thousands) and direct costs of $10 (in thousands) were paid.
Compute consolidated land at the date of the acquisition.
62. The financial balances for the Atwood Company and the Franz Company
as of December 31, 20X1, are presented below. Also included are the fair values
for Franz Company's net assets.
Note: Parenthesis indicate a credit balance
Assume an acquisition business combination took place at December 31, 20X1.
Atwood issued 50 shares of its common stock with a fair value of $35 per share
for all of the outstanding common shares of Franz. Stock issuance costs of $15
(in thousands) and direct costs of $10 (in thousands) were paid.
Compute consolidated buildings (net) at the date of the acquisition.
63. The financial balances for the Atwood Company and the Franz Company
as of December 31, 20X1, are presented below. Also included are the fair values
for Franz Company's net assets.
Note: Parenthesis indicate a credit balance
Assume an acquisition business combination took place at December 31, 20X1.
Atwood issued 50 shares of its common stock with a fair value of $35 per share
for all of the outstanding common shares of Franz. Stock issuance costs of $15
(in thousands) and direct costs of $10 (in thousands) were paid.
Compute consolidated long-term liabilities at the date of the acquisition.
64. The financial balances for the Atwood Company and the Franz Company
as of December 31, 20X1, are presented below. Also included are the fair values
for Franz Company's net assets.
Note: Parenthesis indicate a credit balance
Assume an acquisition business combination took place at December 31, 20X1.
Atwood issued 50 shares of its common stock with a fair value of $35 per share
for all of the outstanding common shares of Franz. Stock issuance costs of $15
(in thousands) and direct costs of $10 (in thousands) were paid.
Compute consolidated goodwill at the date of the acquisition.
65. The financial balances for the Atwood Company and the Franz Company
as of December 31, 20X1, are presented below. Also included are the fair values
for Franz Company's net assets.
Note: Parenthesis indicate a credit balance
Assume an acquisition business combination took place at December 31, 20X1.
Atwood issued 50 shares of its common stock with a fair value of $35 per share
for all of the outstanding common shares of Franz. Stock issuance costs of $15
(in thousands) and direct costs of $10 (in thousands) were paid.
Compute consolidated equipment (net) at the date of the acquisition.
66. The financial balances for the Atwood Company and the Franz Company
as of December 31, 20X1, are presented below. Also included are the fair values
for Franz Company's net assets.
Note: Parenthesis indicate a credit balance
Assume an acquisition business combination took place at December 31, 20X1.
Atwood issued 50 shares of its common stock with a fair value of $35 per share
for all of the outstanding common shares of Franz. Stock issuance costs of $15
(in thousands) and direct costs of $10 (in thousands) were paid.
Compute fair value of the net assets acquired at the date of the acquisition.
67. The financial balances for the Atwood Company and the Franz Company
as of December 31, 20X1, are presented below. Also included are the fair values
for Franz Company's net assets.
Note: Parenthesis indicate a credit balance
Assume an acquisition business combination took place at December 31, 20X1.
Atwood issued 50 shares of its common stock with a fair value of $35 per share
for all of the outstanding common shares of Franz. Stock issuance costs of $15
(in thousands) and direct costs of $10 (in thousands) were paid.
Compute consolidated retained earnings at the date of the acquisition.
68. The financial balances for the Atwood Company and the Franz Company
as of December 31, 20X1, are presented below. Also included are the fair values
for Franz Company's net assets.
Note: Parenthesis indicate a credit balance
Assume an acquisition business combination took place at December 31, 20X1.
Atwood issued 50 shares of its common stock with a fair value of $35 per share
for all of the outstanding common shares of Franz. Stock issuance costs of $15
(in thousands) and direct costs of $10 (in thousands) were paid.
Compute consolidated revenues at the date of the acquisition.
