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please provide an explanation to each statement that is correct. Diagram: Merger Tax Effects Payment is made mostly in cash by purchasing the target firm's
please provide an explanation to each statement that is correct. Diagram: Merger Tax Effects Payment is made mostly in cash by purchasing the target firm's stock. The transaction is taxable, and transactions are recorded at their appraised values. A. Statements Check all that apply. The acquiring firm is responsible for the tax liability incurred by the target firm. The acquiring firm creates goodwill that can be depreciated for tax purposes. The acquiring firm adds acquired assets to its books at their appraised values The acquiring firm adds acquired assets to its books at their book value
please provide an explanation to each statement that is correct.
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