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Asset acquisition vs. stock acquisition (fair value is different from book value) The...

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Accounting

Asset acquisition vs. stock acquisition (fair value is different from book value)
The following financial statement information is for an investor company and an investee company on January 1,2013. On January 1,2013, the investor company's common stock had a traded market value of $17.5 per share, and the investee company's common stock had a traded market value of $15.5 per share.
\table[[,\table[[Book Values],[Investor]],Investee,Investor,Investee],[Receivables & inventories,$50,000,$25,000,$45,000,$22,500
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