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answer in excel pls Assume that the following balance sheets are stated at book value. The fair market value of James's fixed assets is equal
answer in excel pls
Assume that the following balance sheets are stated at book value. The fair market value of James's fixed assets is equal to $10,900. Jurion pays $17,920 for James and raises the needed funds through an issue of long-term debt. Current assets Net fixed assets 13,200 Current liabilities 38,400 Long-term debt Equity $5,940 10,600 35,060 $51,600 Total 51,600 Total James, Inc $3,880 Current liabilities 1,940 2,380 7,240 $11,560 Current assets Net fixed assets Long-term debt Equity 7,680 Total $11,560 Total Construct a postmerger balance sheet assuming that Jurion Co. purchases James, Inc., and the purchase method of accounting is used. (Do not round intermediate calculations.) Jurion Co., post-merger 7080| Current liabilities S 4930 Current assets s Fixed assets Long-term debt Equity Total Goodwil1 TotalStep by Step Solution
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