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Posch Company issued 12,000 shares of its $20 par value common stock for the net assets of Sato Company in a business combination under which Sato Company will be merged into Posch Company.On the date of the combination, Posch Company common stock had a fair value of $30 per share.Balance sheets for Posch Company and Sato Company immediately prior to the combination were as follows:
-If the business combination is treated as an acquisition and Sato Company's net assets have a fair value of $343,200, Posch Company's balance sheet immediately after the combination will include goodwill of
Media And Technology
The complex interrelation between various forms of communication media and technological tools, shaping the dissemination and reception of information.
Adolescents
Young people in the transitional stage of physical and psychological development from childhood to adulthood, generally ages 13 to 19.
Internet
A global network of interconnected computers that enables users to share information and communicate over vast distances.
Unexamined Ethnic Identity
A stage or condition where an individual has not critically explored or reflected upon their own ethnic heritage and cultural identity.
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