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Business, 24.09.2019 23:20 carlosarriaza60
On march 31, jumbo purchases 100% of larz for $7,500,000 cash and 2,200,000 shares of jumbo voting common stock (par value of $1). jumbo's stock had a fair value on march 31 of $40. jumbo got 12,000,000 shares of larz's voting common stock (par value $4) having a fair value of $50 per share. jumbo incurs $5,000,000 in direct combination costs and $3,500,000 in stock issuance costs. using the purchase method, what is jumbo's cost for this acquisition? $100,500,000$ 95,500,000$ 99,000,000$ 90,500,000$ 97,000,000
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On march 31, jumbo purchases 100% of larz for $7,500,000 cash and 2,200,000 shares of jumbo voting c...
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