Motorola, Inc. made four significant acquisitions, paying a total of $4,286 million in cash. Following is a summary of information from Motorola's 2007 financial statement footnotes on these acquisitions. Each acquiree's preacquisition balance sheet reports only tangible assets and liabilities.

Assume all of these transactions are stock acquisitions, and each subsidiary is consolidated following current U.S. GAAP.
Required
a. For each acquisition, calculate the fair value of net tangible assets acquired.
b. In three of the four acquisitions, the fair value of net tangible assets is negative, yet book value is positive in each case. Why do you think the fair value of net tangible assets is negative for these companies?
c. Prepare the eliminating entries required to consolidate each subsidiary in Motorola's balance sheet at its acquisition date.
d. The Symbol Technologies acquisition includes previously unrecorded in-process R&D. What is the nature of this asset? How is it measured? ,

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Symbol Technologies Technology Netopia Terayon Communication Systems Good Balance Sheets (in millions) Consideration paid.. $3,528 $438 $183 $137 Previously unrecorded intangible assets acquired Goodwill In-process R&D... 122 2,300 95 1,000 100 301 102 158 30 100 10 52 15 gibles. . Company book value (assumed)..