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On Jan 15, 2019 Feline Corporation acquired all outstanding common stock of Yenez Inc. for $ 5.6 million. On the date of acquisition fair value
On Jan 15, 2019 Feline Corporation acquired all outstanding common stock of Yenez Inc. for $ 5.6 million. On the date of acquisition fair value of Yenez assets was $ 6 million and fair value of its liabilities was $ 1 million. Xeline will record Goodwill at the time of acquisition of Yenez
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Financial Accounting
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
7th Edition
978-0470477151, 978-0-470-5562, 470556242, 0-470-55624-2, 9780470556245, 978-0470507018
