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Compute the consolidated revenues for 2021. $300. $700. $720. $2,600. $3,300. Compute the consolidated receivables and inventory for 2021. $470. $1,200. $1,440. $1,560. $2,030. Compute
Compute the consolidated revenues for 2021.
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$300.
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$700.
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$720.
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$2,600.
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$3,300.
Compute the consolidated receivables and inventory for 2021.
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$470.
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$1,200.
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$1,440.
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$1,560.
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$2,030.
Compute the consolidated buildings (net) account at December 31, 2021.
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$2,700.
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$3,290.
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$3,350.
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$3,400.
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$4,150.
Compute the consideration transferred for this acquisition at December 31, 2021.
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$1,000.
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$1,055.
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$1,995.
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$2,050.
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$2,105.
Compute the consolidated liabilities at December 31, 2021.
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$1,500.
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$2,150.
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$2,200.
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$2,870.
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$3,550.
The financial statements for Campbell, Inc., and Newton Company for the year ended December 31, 2021, prior to the business combination whereby Campbell acquired Newton, are as follows (in thousands): Campbell $2,600 1,880 $ 720 Newton $ 700 400 $ 300 $ 500 300 $ 800 Revenues Expenses Net income Retained earnings, 1/1 Net income Dividends Retained earning, 12/31 Cash Receivables and inventory Buildings (net) Equipment (net) Total assets Liabilities Common stock Additional paid-in capital Retained earnings Total liabilities & stockholders' equity $2,400 720 (270) $2,850 $ 240 1, 2ee 2,700 2,100 $6,240 $1,500 1,080 810 2,850 $6,240 $ 230 360 650 1,300 $2,540 $ 720 400 620 800 $2,540 On December 31, 2021, Campbell obtained a loan for $650 and used the proceeds, along with the transfer of 35 shares of its $10 par value common stock, in exchange for all of Newton's common stock. At the time of the transaction, Campbell's common stock had a fair value of $40 per share. In connection with the business combination, Campbell paid $25 to a broker for arranging the transaction and $30 in stock issuance costs. At the time of the transaction, Newton's equipment was actually worth $1,450 but its buildings were only valued at $590
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