Winans corporation acquired amount enterprises

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Reference no: EM13943491

On September 1, 2014, Winans Corporation acquired Amount Enterprises for a cash payment of $709,730. At the time of purchase, Amount's balance sheet showed assets of $606,640, liabilities of $191,430, and owners' equity of $415,210. The fair value of Amount's assets is estimated to be $807,950.

Reference no: EM13943491

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Winans corporation acquired amount enterprises : Winans Corporation acquired Amount Enterprises for a cash payment of $709,730

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