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velikii [3]
3 years ago
14

Pellew Corp. paid $600,000 for all of the outstanding common stock of Samos Co. in a business combination initiated and complete

d in December. At that time, Samos had the following condensed balance sheet: Current assets: $80,000 Plant and equipment, net: 760,000 Liabilities: 400,000 Equity: 440,000 The acquisition-date fair value of the plant and equipment was $120,000 more than its carrying amount. The acquisition-date fair values and carrying amounts were equal for all other assets and liabilities. What amount of goodwill, related to Samos’s acquisition, must Pellew report in its December 31 consolidated balance sheet?
Business
1 answer:
andrezito [222]3 years ago
5 0

Answer:

$40,000

Explanation:

The computation of the goodwill amount is shown below:

= Paid amount + liabilities - current assets - plant and equipment - carrying amount value

= $600,000 + $400,000 - $80,000 - $760,000 - $120,000

= $40,000

This $40,000 indicated the goodwill amount reported in its  consolidated balance sheet

All other information which is given is not relevant. Hence, ignored it

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13. A rate quote for an individual Line haul. Copy
Arisa [49]

Answer:

Spot quote

Explanation:

Intermodal transport can be defined as the transportation of goods in one and the same truck or loading medium without handling the goods themselves in a different transport modes.

A shipping container refers to a metal container made from steel and having the ability or strength to withstand all external factors during shipment or storage of materials. It is an essential part of transportation of goods or materials from one location to another, thereby boosting trade between countries.

The various types of shipping containers are, dry storage container, open-side storage container, ISO Reefer container, flat rack container, tunnel container, open top container, double doors container, thermal containers, intermodal freight container etc.

Basically, the two standard sizes of shipping containers are 20ft (6.06m) and 40ft (12.2m): which has a width of 8ft (2.43m) and height of 8.5ft (2.59m).

A spot quote for a freight refers to a rate quote for each individual Line haul. Thus, this rate is usually calculated using current market parameters without a contract.

This ultimately implies that, the spot rate is generally outside the contracted rates and is typically required to be sent immediately.

5 0
3 years ago
What grades do you need to get into Leeds Trinity University?
zvonat [6]
It really depends on schools you go into. A 3.0
GPA is recommended if school is an above average school in the nation. In addition to that, just try your best and apply.
3 0
3 years ago
One criteria for deciding whether to have a server active all the time or have it start on demandusing a process server is how f
belka [17]

Answer:

The other criteria could be about the expected delay that is acceptable to customer in the processing time of the server.

Explanation:

If the customers are ready to accept a certain delay then it can help making the decision whether to keep the server permanently on, as it consumes high power.

Also if it is not used all the time then keeping it on all the time would be wastage of resources.

Thus, the scheduling of the expected time at which they use, and the acceptable delay would provide a proper criteria for this.

4 0
3 years ago
The Public Transport Union and the New York Transit Authority are in conflict with each other. When the conflict escalates, the
Anit [1.1K]

Answer:

arbitration.

Explanation:

Arbitration is a method for resolving conflicts and disputes, without having to go to court.

Both parties involved in the dispute agree to present their arguments to a arbitrator or a group or arbitrators referred to as an arbitral tribunal. Both parties in dispute also agree to uphold and respect the decision that the arbitrator makes. The role of the arbitrator is to decide which party is right and decide what actions must be taken to favor that party. Arbitrators award a decision in favor of one of the parties, and that decision must be upheld by both parties.

In this case, the city council will act as the arbitral tribunal and decide whether the union or the transit authority is right.

8 0
4 years ago
Your client purchases land that has been severely eroded. He plans to fill the holes caused by the erosion with waste material.
IrinaVladis [17]

Answer:

Dismantling cost is the expense which is caused when the asset is about to bring in its original state when it was not used.

Explanation:

To: Director Finance

From: Business Analyst

Subject: Cost recovery for dismantling

It is to bring into your knowledge that the land area near the plant was used by our company several years ago. The company has decided to sell it to one of our client. He has agreed to purchase the land but the erosion caused due to plant and manufacturing activities need to be restored. For this purpose we have decided to fill the erosion holes with waste material.

Your Kind approval is required for the process.

3 0
3 years ago
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