All categories

3 years ago

Which of the following statements regarding the accounting for business combinations is false?

Business

1 answer:

steposvetlana [31]3 years ago

7 0

Answer:

Option A

Explanation:

Although goodwill is the difference between the consideration transferred by the acquirer to the acquiree it is not the fair value of the identifiable assets acquired rather it is the fair value of the net assets acquired.

The difference is fair value of identifiable assets is the value of the assets at some point of time which is expected to provide some future benefits.

The fair value of the net assets acquired is the total of the fair value of net assets minus liabilities.

You might be interested in

Theg3eu3guyrgufgrgifrggiygiyrgirgigv

Dominik [7]

Answer:

I xixed3odn3dno3xnomxend4ond4imx74d diendeinxe said einxiw dueoxni3d 3id 2did 2iz

7 0

3 years ago

Read 2 more answers

20 points easy?………………………

natita [175]

Answer:

Legal damages

Explanation:

yes 20 points easy

3 0

1 year ago

Assume that we use a perpetual inventory system and that five identical units are purchased at the following dates and costs: Ap

quester [9]

Answer:

Cost of goods sold on April 25 is $13.80 and the inventory balance is $55.20

Explanation:

Data given:total unit

Cost of purchase with data;

Date Amount

April 5 $10

April 10 $12

April 15 $14

April 20 $16

April 22 $17

Total cost 69

Average cost = total cost /total quantity

= 69/5

=13.8

The cost of the ending inventory is given on the balance sheet below

Date Purchases Cost of Inventory Bal. Avg Cost

goods sold

April 5 $10* 1 unit= $10 - $10 10/1 = $10

April 10 $12* 1 unit=$12 - 10+ 12 = 22 22/2 = 11

April 15 $14* 1 unit=$14 - 22+14 =36 36/3 = 12

April 20 $16* 1 unit= $16 - 36 +16 =52 52/4 = 13

April 22 $17* 1 unit = $17 - 52+17 =69 69/5 = 13.8

April 25 - 1 unit*13.8 = 13.80 69 - 13.8 = 55.20

5 0

3 years ago

Simon, the CEO of a consumer electronics firm, receives a huge positive response from the industry experts and consumers for int

Anastasy [175]

Answer:

creative

Explanation:

He could either be a humble, extroverted, born or creative leader. From these options the most intuitive answer would be that he is a creative leader given that he has introduced "breakthrough technologies" in the companies products which would only be possible through a great amount of initiative and creativity.

The term "breakthrough technologies" is the key word in answering this question as it refers to innovation that has never been seen before. Thus, it would require a great deal of creativity to think of and successfully introduce and implement into a company.

7 0

3 years ago

Sage Hill Company is negotiating to lease a piece of equipment to MTBA, Inc. MTBA requests that the lease be for 9 years. The eq

Annette [7]

Answer:

$14,621.99

Explanation:

Calculation to determine what would be the amount of the annual rental payments Sage Hill demands of MTBA,

Let X be the annual lease payments

Annuity factor of 8% for 9 years = 6.74664

Discounting factor of 8% at beginning of 9 years = 0.54027

Annual Rental Payments=$100,000 = (X * 6.74664) + ($2,500 * 0.54027)

Annual Rental Payments=$100,000 = (X * 6.74664) + $1350.675

Annual Rental Payments=(X * 6.74664) = $100,000 - 1,350.675

Annual Rental Payments=X = 98,649.325 / 6.74664

Annual Rental Payments=X = $14,621.99

Therefore, what would be the amount of the annual rental payments Sage Hill demands of MTBA , is $14,621.99

7 0

3 years ago