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KatRina [158]
3 years ago
8

On August 31 of the current year, Pine Corp. issued 100,000 shares of its $20 par value common stock for all of the net assets o

f SAP, Inc., in a business combination. The fair value of Pine's common stock on the acquisition date was $36 per share. Pine paid a fee of $160,000 to the consultant who arranged this acquisition. Costs of registering and issuing the equity securities amounted to $80,000. No goodwill or gain on a bargain purchase was involved. What amount should Pine record for the net assets acquired?
Business
1 answer:
love history [14]3 years ago
8 0

Answer:

C. $3,600,000

Explanation:

Calculation to determine What amount should Pine record for the net assets acquired?

Using this formula

Net assets = shares Issued *Faiir value of common stock on the acquisition date

Let plug in the formula

Net assets= 100,000* $36 per share

Net assets=$3,600,000

Therefore the amount that Pine should record for the net assets acquired is $3,600,000

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Discuss why in many countries certain types
OlgaM077 [116]

Answer:

Merit goods are provided by both public and privately therfore there is a danger of cheating with the patients or with students whereas in private goods all the works are done under the guidance of the government

3 0
3 years ago
Waterway Industries applies overhead on the basis of machine hours. Given the following data, compute overhead applied and the u
irina1246 [14]

Answer:

$30,000 under applied

Explanation:

For computing the over applied or under applied, first, we have to compute the predetermined overhead rate. The formula is shown below:

Predetermined overhead rate = (Total estimated manufacturing overhead) ÷ (estimated machine hours)

= $1,200,000 ÷ 300,000 hours

= $4

Now we have to find the applied overhead which equal to

= Actual machine hours × predetermined overhead rate

= 280,000 × $4

= $1,120,000

So, the ending overhead equals to

= Actual manufacturing overhead - applied overhead

= $1,150,000 - $1,120,000

= $30,000 under applied

6 0
3 years ago
A typical registration statement filed with the SEC includes: (select all that apply) a. Any pending lawsuits or special risk fa
madam [21]

A typical registration statement filed with the SEC does not include -(a) Any pending lawsuits or special risk factors  (b)  Any past settlement offers

Explanation:

A typical registration statement filed with the SEC includes:

1. The securities offered for sale

2. The corporation's properties and business

3. The management of the corporation, including managerial compensation, stock options, pensions, and other benefits

4. how the corporation intends to use the proceeds of the sale

5. any pending lawsuits or special risk factors

A typical registration statement filed with the SEC does not include -(a) Any pending lawsuits or special risk factors  (b)  Any past settlement offers

5 0
3 years ago
"You have been hired as a consultant by a new company to develop a strategic prospecting strategy. The company brews and bottles
11Alexandr11 [23.1K]

Answer: One of what is necessary in product marketing is identifying the industry and the sector that uses this product. The company doesn't sell direct to consumers and considering the components of the tea, I would recommend a plan that targets the health industry.

Explanation:

One of what is necessary in product marketing is identifying the industry and the sector that uses this product. The company doesn't sell direct to consumers and considering the components of the tea, I would recommend a plan that targets the health industry. The tea product focuses on health with natural ingredients with antiaging and anti-carcinogens, also they are rich in vitamins. The recommended plan of targeting the health is to propose the product as medicinal or a supplement, which the health institution can recommend for her customers. One of the ways the products can be marketed to the clients to the last consumer is by mentioning the merits of taking them alongside other medication.

The strategic plan would mapping out health agencies that are in my town, draft out magazines, fliers about the product, so that anyone who comes across them can read them. After these health agencies have been visited, we track down the progress of how they are receptive to using the products and how their clients are responding to them

7 0
3 years ago
The two economically viable methods for desalinating seawater are reverse osmosis and __________
erik [133]

The two economically viable methods for desalinating seawater are reverse osmosis and electrodialysis.

Reverse osmosis is a water purification process that uses partially permeable membranes to separate ions, unwanted molecules, and larger particles from drinking water.

Reverse osmosis is a water purification process that uses a semi-permeable membrane (synthetic liner) to filter large particles such as unwanted molecules and contaminants, as well as sediments such as chlorine, salt, and dirt, from drinking water.

Consumption of RO water leads to dilution of electrolytes dissolved in water in the body. Improper redistribution of body water between compartments can impair the function of vital organs.

Learn more about reverse osmosis here:brainly.com/question/15321474

#SPJ4

8 0
2 years ago
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