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sleet_krkn [62]
3 years ago
11

Jose's Pizza Parlor, Inc., recently acquired controlling interest in Mariana's Pizza Parlor, Inc. This acquisition is called:

Business
1 answer:
deff fn [24]3 years ago
4 0
(D) Horizontal merge
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has acquired several other companies. Assume that Patton purchased Kate for $ 6 comma 000 comma 000 cash. The book value of Kate
svlad2 [7]

Answer and Explanation:

1. The amount of goodwill is shown below:

= Purchase price - the market value of net assets

= $6,000,000 - ($17,000,000 + $13,000,000)

= $2,000,000

2. Now the journal entry for purchase is

Assets $17,000,000

Goodwill $2,000,000

      To Liabilities $13,000,000

      To Cash $6,000,000

(Being the purchase is recorded)

For recording this we debited the assets and goodwill as it increased the assets and credited the liabilities and cash as it also increased the liabilities and decreased the assets

5 0
3 years ago
What are the ways that panera bread can conduct ethical and proper forms of competitive analysis to learn about potential compet
katrin [286]

Ethical practices means not harming the business  or tarnishing the name of the business. Panera bread could speak with their competitors regarding their products or they could decrease the price of their products

5 0
3 years ago
________ often assist companies and their employees with ethical issues by formally addressing contributions to government offic
spin [16.1K]

Answer: Code of ethics

Explanation: Code of ethics refers to the set of principles that guides the professionals to conduct their activities in an ethical manner. A professional can use a code of ethics when ethical dilemma arises during his job.

It assists the organizations and its members to understand the difference between right and wrong, and helping them to make ethical decisions.

Hence from the above explanation we can conclude that the correct answer is code of ethics.

4 0
3 years ago
Anita is a new buyer. luckily, ______ will help her before the sale and can reimburse her after the sale if a title issue arises
topjm [15]

Anita is a new buyer. luckily <u>her title insurance</u> will help her before the sale and can reimburse her after the sale if a title issue arises.

Insurance is a manner to manage your risk. whilst you buy insurance, you buy protection in opposition to unexpected financial losses. The insurance company pays you or someone you choose if something awful takes place for you. when you have no coverage and an accident occurs, you'll be answerable for all related costs.

The six maximum commonplace types of car insurance are automobile legal responsibility coverage, uninsured and underinsured motorist coverage, comprehensive insurance, collision insurance, clinical bills, and personal damage protection.

Amongst country-wide insurers, USAA has the most inexpensive fees, at $36 per month, with country Farm in 2d location, at $44 consistent per month. The cheapest nearby employer is Farm Bureau, at $39 according to month.

Learn more about the insurance here: brainly.com/question/25855858

#SPJ1

4 0
2 years ago
At December 31, Gill Co. reported accounts receivable of $238,000 and an allowance for uncollectible accounts of $600 (credit) b
Firlakuza [10]

Answer: $7,740

Explanation:

Given, At December 31, Accounts receivable = $238,000

Allowance for uncollectible accounts = 3% of (accounts receivable)

∴ Allowance for uncollectible accounts = 3% of ($238,000 )

=$(0.03 ×238,000)                [3% = 0.03]

= $ (7140)

= $7,140

Allowance for uncollectible accounts (credit) before any adjustments= $600

The amount of the adjustment for uncollectible accounts = Allowance for uncollectible accounts +  $600

= $7,140 +  $600

= $7,740

Hence, The amount of the adjustment for uncollectible accounts would be: <u>$7,740.</u>

5 0
3 years ago
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