During the current year, brewer company acquired all of the outstanding common stock of miller inc. paying $12,800,000 cash. the book values and fair values of miller's assets and liabilities acquired are listed below: book value fair value accounts receivable $ 2,200,000 $ 2,025,000 inventories 3,500,000 4,800,000 property, plant, and equipment 9,800,000 12,425,000 accounts payable 3,800,000 3,800,000 bonds payable 5,300,000 4,925,000

John has served as the chief operating officer (coo) for business graphics, inc., a publicly owned firm, the past 5 years. which of the following statements about john is correct? both john and the ceo of business graphics must certify to the sec that the firm's financial statements are accurate. as the coo, john will be ranked higher than the ceo but still below the cfo. in john's postition as the coo, it is highly unlikely that he would also be the chairperson of the board of directors. as the coo, john would typically be involved with accounting, finance, and asset purchase decisions.