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Business, 22.04.2020 02:56 boo3972

A company acquires another company for $5,000,000 in cash, $8,000,000 in stock, and the following contingent consideration: $700,000 after Year 1, $700,000 after Year 2, and $700,000 after Year 3, if earnings of the subsidiary exceed $4,000,000 in each of the three years. The fair value of the contingent-based consideration portion is $1,500,000. What is the total consideration transferred for this business combination?

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A company acquires another company for $5,000,000 in cash, $8,000,000 in stock, and the following co...
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