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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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To target new markets, Wood Carver is looking for up-to-date information—the latest available—on employment, occupation, and inc
Gwar [14]

Answer:

The Diary Survey.

Explanation:

"The other national data sources and its publishing period are highlighted in the next cite:

"The Consumer Expenditure Survey (CE) is a nationwide household survey conducted by the U.S. Bureau of Labor Statistics (BLS) to find out how Americans spend their money. It is the only federal government survey that provides information on the complete range of consumers’ expenditures as well as their incomes and demographic characteristics. BLS publishes 12-month estimates of consumer expenditures twice a year with the estimates summarized by various income levels and household characteristics. BLS also produces annual public-use microdata files to help researchers analyze the data in more detail.

The CE consists of estimates derived from two separate surveys, the Interview Survey and the Diary Survey. The Quarterly Interview Survey is designed to collect data on large and recurring expenditures that consumers can be expected to recall for a period of 3 months or longer, such as rent and utilities, and the Diary Survey is designed to collect data on small, frequently purchased items, including most food and clothing. Together, the data from the two surveys cover the complete range of consumers’ expenditures. CE data are collected for BLS by the U.S. Census Bureau."

Reference: U.S. Bureau of Labor Statistics. “Consumer Expenditures and Income: Overview.” U.S. Bureau of Labor Statistics, U.S. Bureau of Labor Statistics, 2019

5 0
3 years ago
French mining engineer Henri Fayol defined management as a process involving which of the following?
AleksandrR [38]

Answer:

Option D

Explanation:

As per French mining engineer Henri Fayol, management as a process involves five elements -

a) Planning

b) Organizing

c) Commanding (leading)

d) Coordinating

e) Controlling.

Hence, all the three elements i.e Planning, organizing and Leading are present

Hence, option D is correct

8 0
3 years ago
What suggestion presented in your textbook for using supporting materials is used in the following speech excerpt?
zimovet [89]

<u>Answer: </u>Option A

<u>Explanation:</u>

Statistics is the based on the study of collection of data and presentation of data in an organized way. Statistics in the speech is done through collecting facts on research. By bringing in the statistics into the speech it has the context and the credibility of the speech can be done effectively.

Statistics can prove the realism in the speech and it has emotional impact on the audience. Statistical figure is 100 million hamburger which is 3 million miles that is fifteen times as far as moon these create a memory for the audience and they remember it for a long time.

7 0
3 years ago
The customer service department at JNC, Inc. has been receiving phone calls from customers for whom there is no record. This is
kozerog [31]

Answer:

The correct answer is (C)

Explanation:

Recording sales is one of the essential processes to make sure the transparency within the company. It helps to cross-check sales whenever a company wants to. Overall, in the above scenario,  the customer service department has received calls from the customers but there is no record which shows that there are unrecorded sales which itself is a big red flag.

8 0
3 years ago
Explain the percentage distribution in statistics​
Assoli18 [71]

Answer:

The percentage distribution is a statistical distribution of relative frequency, in which the relative frenquencies are percentages over the total number of data, that in this case is equal to 100%.

In order to create a percentage distribution chart, we group the data into classes, and then, we count the number of times the elements of the class appear in the sample, finally, we convert this number into a percentage.

3 0
2 years ago
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