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Monica [59]
2 years ago
15

On August 31 of the current year, Pine Corp. issued 100,000 shares of its $20 par value common stock for all of the net assets o

f SAP, Inc. The collection of assets and liabilities acquired do not meet the definition of a business under ASC 805. The fair value of Pine's common stock on the acquisition date was $63 per share. Pine paid a fee of $164,000 to the consultant who arranged this acquisition. Costs of registering and issuing the equity securities amounted to $89,000. What amount should Pine record in total for the net assets acquired?
Business
1 answer:
sveticcg [70]2 years ago
6 0

The amount that Pine Corp. should record for the net assets acquired is <u>$6,300,000.</u>

<h3>How much should Pine Corp. record?</h3>

The amount that should be recorded as the total for net assets acquired, is the fair value of the shares sold to finance the purchase.

In this case that is:

= 100,000 shares x 63 per share

= $6,300,000

In conclusion, $6,300,000 should be recorded.

Find out more on business acquisitions at brainly.com/question/26277900.

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What can be researched about a nonprofit organization through a regulatory agency?
Alex787 [66]

<u>Answer:</u>

<em>The level of compliance to nonprofit status regulations.</em>

<u>Explanation:</u>

<em>A non profit association (NGO) </em>is a non-benefit, native based gathering that capacities autonomously of government. Operational NGOs, which spotlight on improvement projects.

Although NGOs are constantly responsible monetarily to contributors, there are no lawful way to control their exercises abroad. (A few governments have compromised NGOs' assessment status when they have reprimanded the <em>international strategy of the benefactor government</em>.)

4 0
3 years ago
Read 2 more answers
The market value of​ Fords' equity, preferred​ stock, and debt are $ 7 ​billion, $ 2 ​billion, and $ 15 ​billion, respectively.
Stolb23 [73]

Answer:

Ford's weighted average cost of capital is 8.22 %

Explanation:

Weighted Average Cost of Capital (WACC) is the minimum return that the company expect from a project. It shows the risk of the company.

Calculation of WACC

WACC = Cost of equity + Cost of preferred​ stock + Cost of debt

Capital Source       Market Values     Weight      Cost      Total Cost

equity                         $ 7 ​billion          29.17%      13.6%       3.97 %

preferred​ stock         $ 2 ​billion            8.33%      12%          1.00 %

debt                           $ 15 ​billion         62.50%     5.2 %       3.25%

Total                          $ 24 billion                                          8.22 %

Cost of equity = Risk free rate + Beta × Risk Premium

                       =  4% + 1.2 × 8%

                       =  13.6%

Cost of preferred​ stock = Dividend/Market Price

                                       = $ 3/ $ 25 × 100

                                       = 12%

Cost of debt = interest × (1- tax rate)

                    = 8% × (1-0.35)

                    = 5.2 %

7 0
3 years ago
Pacanowsky’s cultural approach to organizations offers metaphors for empowered groups in a company acting like jazz musicians, e
lesantik [10]

Pacanowsky used metaphor to describe the cultural approach where he described the organisation as “a cluster of peasant villages” or as “a large improvisational jazz group” and described its workers as “factions in Colonial America.”

<u>Explanation:</u>

By definition, the cultural approach to deal with authoritative communication investigates an association by thinking about antiques, qualities, and presumptions that happen as a result of the connections of hierarchical individuals. Relics are the standards, gauges, and customs you see in hierarchical correspondence.

Pacanowsky applied Geertz's information on organisations. They said culture is networks of essentials, frameworks of shared significance. A social exhibition is the means by which we uncover our way of life to ourselves as well as other people. To examine societies, you should utilize ethnography a method for finding who individuals are inside a culture.

4 0
3 years ago
Imagine you are running a bank and you are deciding how much of your funds to deposit with the Fed. Your alternative to depositi
muminat

If the Federal Reserve increases the interest rate that it pays on your deposits with them increase reserves at the Fed and reduce loans.

If the Federal Reserve increases the interest rate that it pays on your deposits with them, this means that the amount I deposit with the Fed would earn a higher rate of interest.

The aim of businesses is to make profit. As a result, I would increase the amount I deposit with the Fed in order to earn a higher rate of interest on my deposit and I would reduce the amount of loans I make.

To learn more, please check: brainly.com/question/14331161

5 0
2 years ago
Which of the following is a “DO” regarding scannable resumes
Ratling [72]
Average recruiters eliminates a lot of applicants by scanning their resumes and find some keywords in the resume here are some "DO" things that should be in your resume :
- make it a text based format, don't rely on picture and graph since it cannot be scanned
- AVOID any typos
- do not use text box, since the scanner will categorized as graph

Hope this helps
5 0
3 years ago
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