Mittelstaedt, inc., buys 60 percent of the outstanding stock of sherry, inc. sherry owns a piece of land that cost $212,000 but had a fair value of $549,000 at the acquisition date. what value should be attributed to this land in a consolidated balance sheet at the date of takeover? hoyle, joe ben. advanced accounting (p. 190). mcgraw-hill higher education. kindle edition.

General widgets, inc., manufactures high-quality widgets. the widget industry is mature and few innovations occur. the widgets have to be built exactly according to particular specifications provided by customers. this requires the use of controlled processes and precise measurements. the company also needs to maintain high efficiency in its production process in order to meet the market demand. for this company, stability is more important than flexibility. which of the organizational cultures is best suited for general widgets? a.) clan culture b.) modern culture c.) hierarchy culture d.) market culture