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just ned long term debt, equity, and the total:) $ 3,100 Silver Enterprises Current Current $ 5,700 assets liabilities Long-term Other assets 1,600 debt Net
just ned long term debt, equity, and the total:)
$ 3,100 Silver Enterprises Current Current $ 5,700 assets liabilities Long-term Other assets 1,600 debt Net fixed 18,400 Equity assets 8,150 14,450 Total $25,700 Total $25,700 All Gold Mining Current Current assets $ 1,600 $ 1,590 liabilities Other assets 680 Long-term debt O Net fixed 7,400 Equity 8,090 assets Total $9,680 Total $9,680 Construct the balance sheet for the new corporation assuming that the transaction is treated as a purchase of interests for accounting purposes. The market value of All Gold Mining's fixed assets is $9,300; the market values for current and other assets are the same as the book values. Assume that Silver Enterprises issues $16,000 in new long- term debt to finance the acquisition. 4,690 Current assets Other assets Net fixed assets Goodwill Total Silver Enterprises, post-merger $ 7,300 Current liabilities 2,280 Long-term debt 27 700 Equity 6,010 43,290 Total Step by Step Solution
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