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
kondor19780726 [428]
3 years ago
6

Lowell Corporation paid $80,000 to acquire all of Boston Company's net assets. Boston reported assets with a book value of $60,0

00 and fair value of $98,000 and liabilities with a book value and fair value of $23,000 on the date of combination. Lowell also paid $3,000 to a search firm for finder's fees related to the acquisition. What amount will be recorded as goodwill by Lowell Corporation while recording its investment in Boston
Business
1 answer:
Pavel [41]3 years ago
3 0

Answer:

Lowell Corporation

The amount that will be recorded as goodwill by Lowell Corporation to record its investment in Boston is:

= $5,000.

Explanation:

a) Data and Calculations:

Investment in Boston Company = $83,000

Fair value of assets = $98,000

Fair value of liabilities  23,000

Net value of assets = $75,000

Goodwill = $5,000 ($80,000 - $75,000)

b) Acquired Goodwill is the difference between the cost of purchasing Boston Company ($80,000) and the net identifiable assets of Boston Company ($75,000).  The net identifiable assets are calculated by subtracting the fair value of the liabilities from the fair value of the assets.

You might be interested in
15) One year ago, you purchased 400 shares of Romy’s Roses stock at a price of $24.15 a share. The stock pays an annual dividend
alukav5142 [94]

Answer:

= $2,748

Explanation:

Number of shares purchased = 400

Price per share (a year ago)= $24.15

Total price paid a year ago = 400*$24.15 = <em>$9,660 </em>

Annual dividend per share = $1.82

Total dividend earned = 400 * $1.82 =<em> </em><em>$728</em>

Price per share (today)= $29.20

Proceeds from sale of shares today = 400*$29.20 = <em>$11,680</em>

Next, find total dollar return;

<em>Total dollar return</em><em> = </em>Total dividend earned + Proceeds from sale of shares today - Total price paid a year ago

= <em>$728+ $11,680 - $9,660 </em>

<em>= $2,748</em>

4 0
2 years ago
Rudolf is dealing with impending layoffs at work. Yesterday, at a pharmacy, he measured his blood pressure and it was high. He a
Free_Kalibri [48]

Answer: Option B

                                                                       

Explanation: In simple words, physiology refer to that branch of biology which studies the functions of some living organisms and the functioning of their body parts.

In the given case, Rudolf has been suffering from high blood pressure and is also stressed about the future.

Thus, from the above we can conclude that he is demonstrating physiological symptoms.

6 0
3 years ago
The strong form of the efficient market hypothesis contends thatA) a select few institutional investors can earn abnormal profit
Anni [7]

Answer: Option D

 

Explanation: Strong form efficiency is the most stringent form of market efficiency. This hypothesis states that the securities in the market reflects all the information in their price whether public or private.

Therefore, any investor would not be able to earn abnormal returns no matter how much research he or she has done. As the securities reflects private information also, therefore, insider trading will also be useless.

Hence from the above we can conclude that the correct option is D.

5 0
3 years ago
Universal Bank pays 7% interest, compounded annually, on time deposits. Regional Bank pays 6% interest, compounded quarterly. Ba
Lady bird [3.3K]
Rate Assumptions: 500,000 Loan, 60% Loan-To-Value, Rate and Term Refinance, 740+ Credit Score, 180-month loan term, Rate Lock of 30 days. All closing costs are rounded to the nearest discount point. Request a quote to find out what you’re eligible for. We do not require a credit check for a written quote.
4 0
2 years ago
Statistical studies in which researchers control variables of interest are:.
olga nikolaevna [1]

Statistical studies in which researchers control variables of interest are called Experimental Studies.

<h3>What are the types of statistical Studies?</h3>

In experimental studies and key output is data gotten from the experiment, this data can be used in several ways to interpret results.

There are basically three types of statistical studies and they are:

  • Observational study
  • Experimental study
  • Surveys

Learn more about statistical Studies here:

brainly.com/question/13128269

#SPJ1

3 0
1 year ago
Other questions:
  • Economies of scale exist when the long run average cost curve:
    7·1 answer
  • To create a budget: Multiple Choice From the Banking Menu, select Planning &amp; Budgets &gt; Budgets From the Company Menu, sel
    6·1 answer
  • Deere &amp; Company is a global manufacturer and distributor of agricultural, construction, and forestry equipment. The company
    14·1 answer
  • Gourmet Pets is interested in computing the break-even point for its new product Prime Cuts. The fixed costs of adding this prod
    10·1 answer
  • Which of the following is consistent with the law of​ demand?
    6·1 answer
  • Overhead Variances, Four-Variance Analysis Oerstman, Inc., uses a standard costing system and develops its overhead rates from t
    11·1 answer
  • In his blog, Max Gladwell says that our world is being profoundly changed
    9·1 answer
  • The General Fund of the City of Davis Fort has a total fund balance of $1,500,000 as of its fiscal year-end, December 31, 2019.
    6·1 answer
  • A company issued 5%, 20-year bonds with a face amount of $80 million. The market yield for bonds of similar risk and maturity is
    13·1 answer
  • 8. Why is the failure of a large bank more detrimental to the economy than the failure of a large steel manufacturer?
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!