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Business, 30.10.2019 04:31 remomy05

Fresh cut corporation purchased all the outstanding common stock of premium meats for $12,000,000 in cash. the book values and fair values of premium meats' assets and liabilities were: book value fair value accounts receivable $ 1,800,000 $ 1,600,000 equipment 8,500,000 9,900,000 patents 300,000 1,700,000 notes payable (2,700,000 ) (2,700,000 ) net assets $ 7,900,000 $ 10,500,000

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