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
g100num [7]
2 years ago
9

15. Assume that Bullen issued 12,000 shares of common stock, with a $5 par value and a $47 fair value, to obtain all of Vicker's

outstanding stock. In this acquisition transaction, how much goodwill should be recognized
Business
1 answer:
vodomira [7]2 years ago
7 0

Answer:

$104,000

Explanation:

Note: <em>The full question is attached as picture below</em>

Fair value of net assets = Cash and receivables + Inventory + Land + Buildings (net) + Equipment (net) - Liabilities

Fair value of net assets = $70,000 + 210,000 + 240,000 + 270,000 + 90,000 - 420,000

Fair value of net assets = $460,000

Purchase consideration paid = 12,000*$47

Purchase consideration paid = $564,000

Goodwill recognized = Purchase consideration - Fair value of net assets

Goodwill recognized = $564,000 - $460,000

Goodwill recognized = $104,000

You might be interested in
The following information pertains to Alpha Computing at the end of 2015:
vlada-n [284]

Answer:

Dividens paid in 2015: $85.000

Explanation:

TOTAL ASSETS   972.500  

TOTAL LIABILITIES   450.000  

Common Stock  $ 370.000

Retained Earnings  $ 152.500

TOTAL EQUITY  $ 522.500

Retained Earnings Report  

Opening retained earnings $ 0

Add: Net Income $ 237.500

Subtotal $ 237.500

Less: Dividens -$ 85.000

Total $ 152.500

8 0
3 years ago
P&amp;L, a French luxury goods company, launched a new line of leather accessories in four countries. The company devised an agg
Elena L [17]

Answer:The meeting will fall under the FOURTH PHASEie STRATEGIC EVALUATATION of the planning process

Explanation:

The fourth phase of planning is the Strategy Evaluation which involves Buisness taking a concise time to monitor an already working proposed plan and adjust the process as nessesary.

Buisnesses like P and L can address an already working procedure to analyse what is working or what is not by organisaing, monitoring , getting feedback and measuring performance of the work done by the earlier proposed plan. This on the long run leads to establishment of best practices and help to correct future processes and plans.

3 0
3 years ago
Read 2 more answers
Which of the following is representative of safeguarding​ assets?
iren2701 [21]
Yes it is correct the chart is increasing
7 0
3 years ago
Read 2 more answers
Question 13 of 20
Ganezh [65]

Answer:

introduction stage

Explanation:

it's making me have 20 characters so it's just introduction stage to introduce a new product

5 0
2 years ago
Henry works in the HR department of an advertising firm that has recently brought in employees specializing in analysis of large
Drupady [299]

Answer:

Explanation:

In Henry's case, as the manager is not going to take into consideration specific techniques of behavior, Henry must put emphasis on <em>practical but long-lasting feedback</em> so based on those guidelines the manager can start taking better decisions for the company to reach its consumers' expectations.

3 0
3 years ago
Other questions:
  • What is the main difference between a conceptual model and a physical model?
    5·1 answer
  • Which words from this campaign best indicate the target audience?
    8·2 answers
  • Two currently owned machines are being considered for the production of a part. The capital investment associated with the machi
    13·1 answer
  • I NEEEEEEEEEEEED help and idea on a study website for learning im failing i cant really figure out how to use quizlet so any oth
    6·1 answer
  • Culver Corporation has retained earnings of $718,500 at January 1, 2017. Net income during 2017 was $1,596,000, and cash dividen
    15·1 answer
  • You borrow $1,000 from the bank and agree to repay the loan over the next year in 12 equal monthly payments of $90. However, the
    11·1 answer
  • According to classical macroeconomic theory, changes in the money supply affect: _________.(i) nominal variables, but not real v
    15·1 answer
  • Sam is an experienced firefighter who must act quickly and decisively to do his job. He frequently relies on his ______ to make
    15·2 answers
  • A 9-year annuity of 18 $10,400 semiannual payments will begin 11 years from now, with the first payment coming 11.5 years from n
    6·1 answer
  • GDP is composed of four components. Which of the following is NOT a component of GDP
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!