Explain two key factors in economic affect an organization
Identify and briefly explain at least two key factors in economic, sociocultural and political-legal environments that affect an organization.
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Velway Corp. acquired Joker Inc. on January 1, 2009. The parent paid more than the fair value of the subsidiary's net assets. On that date, Velway had equipment with a book value of $500,000 and a fair value of $640,000.
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