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Business, 26.02.2020 22:46 lilyrockstarmag

On june 30, 2017, wisconsin, inc., issued $147,900 in debt and 20,400 new shares of its $10 par value stock to badger company owners in exchange for all of the outstanding shares of that company. wisconsin shares had a fair value of $40 per share. prior to the combination, the financial statements for wisconsin and badger for the six-month period ending june 30, 2017, were as follows:

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On june 30, 2017, wisconsin, inc., issued $147,900 in debt and 20,400 new shares of its $10 par valu...
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