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
liraira [26]
3 years ago
15

An acquiring company issues 500,000 shares of $6 par value common stock to acquire 100% of the voting common stock of an investe

e company in a transaction that qualifies as a business combination. The market value of the acquiring company's common stock is $30 per share. Direct legal and consulting fees incurred pursuant to the combination are $200,000. Direct registration and issuance costs for the acquiring company's common stock are $50,000. The transaction did not result in goodwill recognition or bargain gain recognition. What is the total amount of net assets recognized as a result of this business combination
Business
1 answer:
katovenus [111]3 years ago
6 0

Answer:

the total amount of net asset recognized is $15,000,000

Explanation:

The computation of the total amount of net asset recognized is shown below:

= Number of shares issued × per share

= 500,000 shares × $30

= $15,000,000

Hence, the total amount of net asset recognized is $15,000,000

We simply multiplied the above two items

You might be interested in
Delta Company produces a single product. The cost of producing and selling a single unit of this product at the company’s normal
Juli2301 [7.4K]

Answer:

1.- financial advantage for $31,720

2.- the minimum price can be 6.80 dollars

Explanation:

For the special order we should only consider the variable cost as will not alter the fixed cost structure for the firm:

sales price    $  19.00

variable cost

Direct Materials         1.70

Direct Labor              3.00

Variable overhead    0.60

Variable S&A          <u>    1.50   </u>

Total variable:            6.80

contribution per unit: $12.2

total contribution for 2,600 units: $31,720

2.- the inferior units can be sold for the variable cost to avoid a negative contribution.

5 0
3 years ago
The demand for air travel between two cities doubles. the elasticity of the supply of air travel between these cities will​ ____
Bumek [7]

What are the options?

5 0
3 years ago
Read 2 more answers
Please answer, first get's brainliest
Tresset [83]

Supply and demand affects the labor market just like any other market. If there is an extra supply of immigrant workers that come into the workforce and the demand for jobs stays the same then employees could have less job stability and employers would be willing pay less causing income to drop

Hope this helps cuz i rely ned brainliest

4 0
3 years ago
Read 2 more answers
If I was gonna be a business person what would I be and why?
Bezzdna [24]

Answer:

peter druker and write about him and the stuff he did write that he is the person u look up for

7 0
3 years ago
What is first step in developing a knowledge management system
Elza [17]
The first step is determining what knowledge is most important. the control function involves measuring performance relative to the planned objectives and standards, rewarding people for well work done, and then taking corrective action when necessary.

hope this helps :)
5 0
4 years ago
Other questions:
  • On March 31, 2018, the balances of the accounts appearing in the ledger of Royal Furnishings Company, a furniture wholesaler, ar
    5·1 answer
  • A copyright registered on or after January 1, 1978 lasts how long?
    8·1 answer
  • If other things are held constant, an increase in unites states imports will
    8·1 answer
  • In reference to Rest's four-component Model of Morality, which component reflects an individual's willingness to place ethical v
    13·1 answer
  • A candy bar manufacturer is interested in trying to estimate how sales are influenced by the price of their product. To do this,
    12·1 answer
  • What percentage of new businesses fail in the first year?
    6·2 answers
  • A one-year call option on a stock with a strike price of $30 costs $3; a one-year put option on the stock with a strike price of
    14·1 answer
  • NoMoreKidSongs Corp. paid a dividend last quarter of $6.18. It is expected to grow at 3% over the next year, 8%, the following y
    11·1 answer
  • PLEASE HELP ME !
    5·1 answer
  • Denials can occur as a result of errors that occur at various points in the revenue cycle. Identify at least one error that can
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!