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sweet-ann [11.9K]
3 years ago
13

MacHeath Inc. bought 60% of the outstanding common stock of Nomes Inc. in an acquisition that resulted in the recognition of goo

dwill. Nomes owned a piece of land that cost $250,000 but was worth $600,000 at the date of acquisition.
What value would be attributed to this land in a consolidated balance sheet at the date of acquisition?

a) $250,000. b) $150,000. c) $600,000. d) $360,000. e) $460,000.
Business
1 answer:
kiruha [24]3 years ago
8 0

Answer:

c) $600,000.

Explanation:

$600,000.00 is the value that will be attributed to land in a consolidated balance sheet at the date of acquisition?

In the acquisition process,  assets and liabilities of the business being bought get evaluated to ascertain their true worth.  Assets such as land, buildings, and machinery undergo valuation. Their market value or fair value is recorded in the books of the acquiring entity as the actual value of the asset at the time of acquisition.

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Barges' has an asset beta of .57, the risk-free rate is 4.3 percent, and the market risk premium is 7.7 percent.

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when an organization produces only a single product and attempts to sell it to two or more market segments, it avoids which cost
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When an organization produces only a single product or service and attempts to sell it to two or more market segments. It avoids the extra costs of developing and producing additional versions of the product.

For better understanding, lets explain the term

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From the above, we can therefore say that the answer When an organization produces only a single product or service and attempts to sell it to two or more market segments. It avoids tahe extra costs of developing and producing additional versions of the product.

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3 years ago
Suppose the benefit of owning a painting, in terms of your personal enjoyment, is worth 5% of the value of the painting. If the
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4 0
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Which neighborhood quality of life issue is most affected by the overuse of alcohol?
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6 0
2 years ago
Maxim Corp. has provided the following information about one of its products: Date Transaction Number of Units Cost per Unit 1/1
aniked [119]

Answer:

$64,000

Explanation:

Calculation to determine the cost of goods sold using the average cost method

First step is to calculate the Average cost

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