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On July 1 , 2 0 X 0 , DEF paid 5 0 0 in cash to UVW s shareholders in exchange for all of
On July X DEF paid in cash to UVWs shareholders in exchange for all of UVWs shares. Immediately before the acquisition, UVWs: identifiable assets had a carrying value of and a fair value of and identifiable liabilities had a carrying value of and a fair value of What effect did the acquisition have on DEF Inc.s assets?
DEF Incs assets decreased by
DEF Incs assets did not change.
DEF Incs assets increased by
DEF Incs assets increased by
DEF Incs assets increased by
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