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that the following balance sheets are stated at book value. Assume ea rrent 12,600 liabilities urent 5,600 10,100 33,800 $49,500 Net fixed 36,900 Long-term assets
that the following balance sheets are stated at book value. Assume ea rrent 12,600 liabilities urent 5,600 10,100 33,800 $49,500 Net fixed 36,900 Long-term assets debt Equity Total $49,500 Total Loaf, Inc. Current S 3,700 Current $ 1.600 2.200 7500 $11,300 assets liabilities Net fixed assets 7600 Long-term Equity Total $11.300 Total Suppose the fair market value of Loaf's fixed assets is $11100 versus the $7600 book value shown. Meat pays $17800 for Loaf and raises the needed funds through an issue that the following balance sheets are stated at book value. Assume ea rrent 12,600 liabilities urent 5,600 10,100 33,800 $49,500 Net fixed 36,900 Long-term assets debt Equity Total $49,500 Total Loaf, Inc. Current S 3,700 Current $ 1.600 2.200 7500 $11,300 assets liabilities Net fixed assets 7600 Long-term Equity Total $11.300 Total Suppose the fair market value of Loaf's fixed assets is $11100 versus the $7600 book value shown. Meat pays $17800 for Loaf and raises the needed funds through an issue
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