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QUESTION 19 Morrisine acquired 100% of the voting common stock of Mark Inc. on January 1, 2020. The book value and for value of Mark's

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QUESTION 19 Morrisine acquired 100% of the voting common stock of Mark Inc. on January 1, 2020. The book value and for value of Mark's accounts on that date prior to creating the combination are as follows along with the book value of Morris'accounts dening 11/20 Cash and receivables mertory Land $ 0.00 170 000 350.000 Book We $ 7000 2000 5 DO 50.000 000 Coronto 000 Assume that Morris issued 12,000 shares of common stock, with a 55 par value and a 547 fair value to obtain all of Mark's outstanding stock. In this acquisition transaction how much goodwill should be recognized? $60,000 50 $144,000 $104,000. 564,000 UESTION 19 along with the book value of Morris' accounts: Morris Inc. acquired 100% of the voting common stock of Mark Inc. on January 1, 2020. The book value and fair value of Mark's accounts on that date (pric Morris Mark Mark Book Value Book Value Fair Value Retained earnings, 1/1/20 $ 250,000 $ 240,000 Cash and receivables 170,000 70,000 $ 70,000 Inventory 280,000 220,000 240,000 Land 230,000 170,000 210,000 Buildings (net) 480,000 240,000 240.000 Equipment (net) 120,000 90,000 90,000 Liabilities 650,000 430,000 430,000 Common stock 350,000 80,000 Additional paid in capital 20.000 40,000 Assume that Morris issued 12,000 shares of common stock, with a $5 par value and a $47 fair value, to obtain all of Mark's outstan how much goodwill should be recognized? O $60,000. $0. O $144,000. O $104,000 $64,000. QUESTION 19 Morris Inc. acquired 100% of the voting common stock of Mark Inc. on January 1, 2020. The book value and fair value of Mark's accounts on that date(prior to creating the combination are as follows along with the book value of Morris' accounts: Morris M Mark Book Value tock Value neden, 1/1/20 $ 250.000 $ 0.00 Cath and receivables 170.000 70.000 $ 70.000 Inventory 20.000 230.000 240.000 Land 230,000 170.000 210.000 Buildings net 40 000 240.000 140.000 fomentineti 120.000 0 000 50.000 Lisbes 650.000 450 000 430.000 Common stock 300 000 30 000 Additional pad-in capital 20.000 40 000 Assume that Morris issued 12,000 shares of common stock, with a $5 par value and a 547 fair value, to obtain all of Mark's outstanding stock. In this acquisition transaction how much goodwill should be recognized? O $60,000. $0. $144,000 $104,000 564,000

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