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Q.13 3 25 ONSES date (prior to creating the combination are as follows, along with the book value of Wilkins's accounts: 06 January 12021. The
Q.13
3 25 ONSES date (prior to creating the combination are as follows, along with the book value of Wilkins's accounts: 06 January 12021. The book value and fair value of Granger's accounts on that Wilkins Granger Granger Book Book Fair Value Value Value Retained earnings., 1/1/21 $250,000 $240,000 Cash and receivables 170,000 70,000 $ 70,000 Inventory 230,000 180,000 210,000 Land 320,000 220,000 240,000 Buildings (net) 480,000 240,000 280,000 Equipment (net) 120,000 90,000 90,000 Liabilities 650,000 440,000 430,000 Common stock 360,000 80,000 Additional paid-in capital 60,000 40,000 Assume that Wilkins issued 13,000 shares of common stock with a $5 por value and a $46 fair value to obtain all of Grangers outstanding stock. In this acquisition transaction, how much goodwill should be recognized? Multiple Choice O $138,000 COR 000 Help Assume that Wilkins issued 13,000 shares of common stock, with a $5 par value and a $46 fair value, to obtain all of Granger's outstanding stock. In this acquisition transaction, how much goodwill should be recognized? Save & Exit Submit Multiple Choice $138.000 $98.000 $0. $94,000 $178,000 Step by Step Solution
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