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On October 1,20X3,Pole Corporation Paid $450,000 for All of Stick

Question 48

Multiple Choice

On October 1,20X3,Pole Corporation paid $450,000 for all of Stick Company's outstanding common stock.On that date,the book values and fair values of Stick's recorded assets and liabilities were as follows:
On October 1,20X3,Pole Corporation paid $450,000 for all of Stick Company's outstanding common stock.On that date,the book values and fair values of Stick's recorded assets and liabilities were as follows: -Based on the preceding information,the differential implicit in this acquisition is A) $0. B) $45,000. C) $65,000. D) $110,000.
-Based on the preceding information,the differential implicit in this acquisition is


A) $0.
B) $45,000.
C) $65,000.
D) $110,000.

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