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The Balance Sheet of Mini Company Was as Follows Immediately

Question 112

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The balance sheet of Mini Company was as follows immediately before it was acquired by Maxi Company: The balance sheet of Mini Company was as follows immediately before it was acquired by Maxi Company: - If the fair value and book value are the same for Mini's remaining assets and liabilities,what is the net increase in Maxi's assets only,after paying the cash for Mini? A) $430,000. B) $470,000. C) $120,000. D) $390,000. The balance sheet of Mini Company was as follows immediately before it was acquired by Maxi Company: - If the fair value and book value are the same for Mini's remaining assets and liabilities,what is the net increase in Maxi's assets only,after paying the cash for Mini? A) $430,000. B) $470,000. C) $120,000. D) $390,000.
- If the fair value and book value are the same for Mini's remaining assets and liabilities,what is the net increase in Maxi's assets only,after paying the cash for Mini?


A) $430,000.
B) $470,000.
C) $120,000.
D) $390,000.

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