83. At what price was Zyxel stock trading when stock was issued for this acquisition B4. What was the fair value of the net assets held by Globe Tattoo at the date of combination Use the following information for 82 to 86: Zyxel Corporation acquired all the assets and liabilities of Globe Tattoo Corporation by issuing shares of its common stock On January 1, 2011. Partial balance sheet data for the companies prior to the business combination and immediately following the combination is provided: Zyxel Globe Tattoo Book Value Book Value Combination Cash...... P 65,000 P 25,000 P 90,000 Accounts receivable 72,000 20,000 94,000 Inventory.... 33,000 45,000 88,000 Buildings and equipment (net).. 400,000 150,000 650.000 Goodwill. Total Assets P570.000 P240.000 Accounts payable. P 50,000 P 25,000 P.75.000 Bonds payable.... 250,000 100,000 350.000 Common stock, P2 par.. 100,000 25.000 160.000 Additional paid-in capital. 65,000 20,000 245.000 Retained earnings...... 105.000 70.000 Total Liabilities and Equities P570.000 P240.000 P 2 82. What number of shares did Zyxel issue for this acquisition C. P30,000 d. P17.500 C. P6.00 d. P8.00 Q.P80.000 b. P50,000 Q P2.00 b. P5.63 0. P115.000 b. P227.000 C. d. P270,000 P497.000 85. What amount of goodwill will be reported by the combined entity immediately following the 96 c. d. combination a P 13.000 b. P125.000 P173,000 P413,000 86. What balance in retained earnings will the combined entity report immediately following the c. P105,000 P175,000 combination 0 P35.000 b. P70.000 d. ind hocause of the recent consolidation of