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Immediately following an acquisition, the Alpha Company’s (the parent company) balance sheet included cash $50,000, investment in subsidiary $250,000, plant assets $450,000, and liabilities $145,000. Bravo-Zulu Company, (the wholly owned subsidiary) had cash $75,000, plant assets $145,000, and liabilities $60,000. All balances are normal. There are no other assets or liabilities, and the given values for the subsidiary are also equal to their fair values. Use this information to determine the dollar value of Alpha Company’s:
2. Total Assets before Consolidation
3. Total Liabilities after Consolidation
4. Total Assets after Consolidation
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