The financial statements for Campbell Incorporated and Newton Company for the year ended December 31,2024,...
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The financial statements for Campbell Incorporated and Newton Company for the year ended December prior to the business combination whereby Campbell acquired Newton, are as follows in thousands: CampbellNewtonRevenues$ $ ExpensesNet income$ $ Retained earnings, $ $ Net incomeDividendsRetained earning, $ $ Cash$ $ Receivables and inventoryBuildings netEquipment netTotal assets$ $ Liabilities$ $ Common stockAdditional paidin capitalRetained earningsTotal liabilities & stockholders' equity$ $ On December Campbell obtained a loan for $ and used the proceeds, along with the transfer of shares of its $ par value common stock, in exchange for all of Newtons common stock. At the time of the transaction, Campbells common stock had a fair value of $ per share. In connection with the business combination, Campbell paid $ to a broker for arranging the transaction and $ in stock issuance costs. At the time of the transaction, Newtons equipment was actually worth $ but its buildings were only valued at $ Compute the consolidated expenses for
The financial statements for Campbell Incorporated and Newton Company for the year ended December prior to the business combination whereby Campbell acquired Newton, are as follows in thousands:
CampbellNewtonRevenues$ $ ExpensesNet income$ $ Retained earnings, $ $ Net incomeDividendsRetained earning, $ $ Cash$ $ Receivables and inventoryBuildings netEquipment netTotal assets$ $ Liabilities$ $ Common stockAdditional paidin capitalRetained earningsTotal liabilities & stockholders' equity$ $
On December Campbell obtained a loan for $ and used the proceeds, along with the transfer of shares of its $ par value common stock, in exchange for all of Newtons common stock. At the time of the transaction, Campbells common stock had a fair value of $ per share.
In connection with the business combination, Campbell paid $ to a broker for arranging the transaction and $ in stock issuance costs. At the time of the transaction, Newtons equipment was actually worth $ but its buildings were only valued at $
Compute the consolidated expenses for
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