1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
tester [92]
3 years ago
13

Kosher Pickle Company acquires all the outstanding stock of Midwest Produce for $19 million. The fair value of Midwest's assets

is $14.3 million. The fair value of Midwest's liabilities is $2.5 million. Calculate the amount paid for goodwill. (Enter your answer in millions rounded to 1 decimal place (i.e., 5,500,000 should be entered as 5.5).)
Business
1 answer:
shutvik [7]3 years ago
4 0

Answer:

$7.2 million

Explanation:

For computing the amount paid for the goodwill, first we have to calculate the fair value of the net asset which is shown below:

The fair value of net asset = Fair value of Midwest's assets - fair value of Midwest's liabilities

= $14.3 million - $2.5 million

= $11.8 million

And, the acquisition price of the outstanding stock is $19 million

So, the goodwill would be  

= $19 million - $11.8 million  

= $7.2 million

You might be interested in
Jim and Allison both scored in the bottom 20% of IQ tests; however, Jim went on to complete a 4-year college degree, whereas Ali
LekaFEV [45]

Answer:

Jim will earn more money than Allison.

Explanation:

The average salary for someone with a 4 year college degree is $51,000 (2019), that doesn't mean that Jim will earn that money, he might earn more or less, but it is a useful parameter. The average salary of someone who just finished high school is $28,000 (2019).

If we compare both average national salaries, we can assume that Jim will earn much more than Allison.

5 0
3 years ago
1. What is the term used to describe a check that has been outstanding for more than six months? (1 point)
a_sh-v [17]
The answer to number 2 is B. so that you do not take any trade secrets like recipes from the company if you leave
8 0
3 years ago
You are working with an experienced Customer Service Representative to board a busy flight on a tight timeline. You notice that
Hitman42 [59]

If your team member has worked here much longer than you then the situation can be handled by calling your team attention to the dangers attached to not following the safety rules in a calm and friendly way.

<h3> Who is customer service representative?</h3>

Customer service Representative relates directly with customers, they ensure they are comfortable when they come to them by providing necessary service the customer will need and also ensure good sales.

The rep should handle the situation by pointing their attention to the danger attached to not following the safety rules in a very friendly manner and could also have a superior informed that could help guide them.

Therefore,

If your team member has worked here much longer than you then the situation can be handled by calling your team attention to the dangers attached to not following the safety rules in a calm and friendly way.

Learn more on customer service below

brainly.com/question/1286522

#SPJ1

6 0
2 years ago
In the year prior to going public, a firm has revenues of $20 million and net income after taxes of $2 million. The firm has no
Andru [333]

Answer:

peeeeeeepeeeeeepoooooopooooo

Explanation:

pewdiepie yo wassup is the distributor for me and I can come up to that point of the amount I will be doing m and the 66 week will invite you have the opportunity for the best of all time back side and kamil only for a few days to make sure you have your favourite food and food in your own garden area and the server will come to know about your sum and kamil and you can see fakree in a prank or a new channel on your own and kamil has been on his UE since his id and his first video in a year I have to say sorry to the bank and his wife and the rest is a very 777 month old version do not have 6AM 6 or not the other did you call it was yummy but not too good for the price of a prank or somethings else's today before seven instagram accounts restaurant's Instagram and smallville size bar with me and my friends in my house

8 0
3 years ago
What is land as a factor of production?
marta [7]
Could be cause of trade , if you have land it is also good for crops which is production 
3 0
3 years ago
Other questions:
  • Jake owns Delta Dew, a small local California marijuana producer and dispensary. Jake complies with all applicable state laws an
    11·1 answer
  • What does it mean when a job application asks for names previously used?
    11·2 answers
  • When you know a firearm's effective killing range, you can determine: which animals you can hunt which stance to use when shooti
    5·1 answer
  • Chow is unmotivated, feels worthless, sleeps all the time, and does not get out of bed for days at a time. he has not been to wo
    15·1 answer
  • A college graduate who is searching for his first job illustrates the concept of cyclical unemployment. frictional unemployment.
    15·1 answer
  • A firm is reviewing a project with labor cost of $9.00 per unit, raw materials cost of $25.25 a unit, and fixed costs of $13,000
    14·1 answer
  • Identifying the median voter
    8·1 answer
  • Swifty Corporation had a 1/1/20 balance in the Allowance for Doubtful Accounts of $35500. During 2020, it wrote off $23000 of ac
    10·1 answer
  • When a user sends a reply to a message, what is the user sending
    8·2 answers
  • When dragons on planet Pern lay eggs, the eggs are either green or yellow. The biologists have observed over the years that 26%
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!