Balance sheet after an acquisition On December 31, Jose SA acquired Carlos SA by issuing 200,000 common shares with a par value of $10.

Balance sheet after an acquisition
On December 31, Jose SA acquired Carlos SA by issuing 200,000 common shares with a par value
of $10. The market value for these common shares was $10,000,000 at the date of acquisition. Below
is the balance sheet and fair value information for Jose SA and Carlos SA immediately before the
acquisition (in thousands)
Jose SA
(Book Value)
(Fair Value)
Carlos SA
Cash $2,000 $2,000 $1,000 $1,000
Other current assets 13,000 20,000 8,000 12,000
Plant assets 15,000 20,000 10,000 13,000
Current liabilities 5,000 4,000 2,000 4,000
Other liabilities 12,000 12,000 8,000 13,000
Common stock, $10 par 10,000 5,000
Retained earnings 3,000 4,000
REQUIRED : Prepare the balance sheet after the acquisition.

Calculate Your Essay Price
(550 words)

Approximate price: $22

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
The price is based on these factors:
Academic level
Number of pages
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more

Order your essay today and save 10% with the coupon code: best10