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C- In form and substance the companies are one entity 3. C. A takeover completed within one year of the intial tender offer 4. B- Capitalize an asset 5. A. An intanglible asset under contractual- legal criterion 6. A- When a bargin purchase occurs 7. B - Reduced as an expense in the period ther merger takes place 8. C- the fair value of the contingent consideration us included in the overall fair value of the consideration transferred, and a liability or additional owners' equity is recognized. 9 B. 120,000 A/R Capitalized software costs Inprocess R/d Cash Goodwill Cash Liabilites 10 C. 192,000 and 300,000 Cash Common Stock APIC APIC Balance Retained Earning 11 A. 0 Cash and Receivables Inventory Patented Technololgy Land Building and Equipment Goodwill Liabilities Common Stock APIC
12 C Hill income for the past six months plau Loring's income for the past six months