If you were the CEO of Lambert, Inc., discuss how Romans 12: 1-8 would affect how you approach the deal with Catron Corporation. Catron Corporation is having liquidity problems, and as a result, it sells all of its outstanding stock to Lambert, Inc. for cash. Because of Catron's problems, Lambert is able to acquire this stock at less than the fair value of the company's net assets. How is this reduction in price accounted for within the consolidation process? Make sure you answer the case question and also discuss how Romans 12: 1-8 would influence your approach to the deal and the accounting for the consolidation