On January 1, 2021, the Moody Company entered into a transaction for 100% of the outstanding...
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On January 1, 2021, the Moody Company entered into a transaction for 100% of the outstanding common stock of Osoro Company locate re issued $400 in long-term liabilities and also issued 40 shares of common stock having a par value of $1 per share but a ta wale of Sher to lawyers, accountants, and brokers for assistance in bringing about this acquisition. Another $15 was paid in correct thick transactions, the balance sheets for the two companies were as follows Cash Moody Osorio Receivables $ 180 $ 48 810 188 Inventories 1,080 288 Land 600 360 Buildings (net) 1,260 448 Equipment (net) 488 100 Accounts payable (458) Common stock ($20 par) Long-term liabilities Common stock ($1 par) (1,290) (480) (330) (1,088) Retained earnings Additional paid-in capital (1,268) (348) EEE (240) (340) Note: Parentheses indicate a credit balance In Moody's appraisal of Osorio, three assets were deemed to be undervated on the stays busy 50 What is the amount of goodwill arising from this acquisition? Prey > On January 1, 2021, the Moody Company entered into a transaction for 100% of the outstanding common stock of Osoro Company locate re issued $400 in long-term liabilities and also issued 40 shares of common stock having a par value of $1 per share but a ta wale of Sher to lawyers, accountants, and brokers for assistance in bringing about this acquisition. Another $15 was paid in correct thick transactions, the balance sheets for the two companies were as follows Cash Moody Osorio Receivables $ 180 $ 48 810 188 Inventories 1,080 288 Land 600 360 Buildings (net) 1,260 448 Equipment (net) 488 100 Accounts payable (458) Common stock ($20 par) Long-term liabilities Common stock ($1 par) (1,290) (480) (330) (1,088) Retained earnings Additional paid-in capital (1,268) (348) EEE (240) (340) Note: Parentheses indicate a credit balance In Moody's appraisal of Osorio, three assets were deemed to be undervated on the stays busy 50 What is the amount of goodwill arising from this acquisition? Prey >
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