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  • 15-02-2024
  • Business
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Pesto Company paid $8 per share to acquire 80% of Sauce Company's 100,000 outstanding shares. At the acquisition, the fair value of Sauce's total assets was $1,000,000.

Question: What was the price per share that Pesto Company paid to acquire Sauce Company's outstanding shares?

A) $8
B) $80,000
C) $10
D) $800,000

Respuesta :

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