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Please use the following information to complete the table below (40%) Assume Company P acquires 80% of the common stock of Company S on Dec,
Please use the following information to complete the table below (40\%) Assume Company P acquires 80% of the common stock of Company S on Dec, 31, 20X3 by paying $500,000 cash to the shareholders of Company S. Suppose Company P financed the acquisition in whole by issuing long term debt. The two firm's pre-acquisition balance sheets with book values equal to fair values as of December 31, 20X3 follow
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