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Allison Corporation acquired all of the outstanding voting stock of Mathias, Incorporated, on January 1 , 2 0 2 3 , in exchange for $
Allison Corporation acquired all of the outstanding voting stock of Mathias, Incorporated, on January in exchange for $ in cash. Allison intends to maintain Mathias as a wholly owned subsidiary. Both companies have December fiscal yearends. At the acquisition date, Mathias's stockholders' equity was $ including retained earnings of $
At the acquisition date, Allison prepared the following fairvalue allocation schedule for its newly acquired subsidiary:
tableConsideration transferred,,$
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