Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Question - Cruz Limited is a manufacturing company, located in Western Jamaica. The following information was provided to you:
Cruz Limited acquired control of Negril Industries Limited (NIL) by giving 3 shares in Cruz Limited for every 5 shares held in NIL. Cruz Limited acquired 5,200,000 shares in NIL and at that date each share in Cruz Limited was $6.50. An additional sum of $9,600,000 was to be paid four years from now (the relevant discount rate is 15%).
The identifiable assets and liabilities of Golden Acres Limited were:
Assets Value $
P.P.E 7,000,000
Current ASSETS 3,000,000
Trade Payables 6,000,000
Land 20,000,000
Bank overdraft 1,400,000
Loans 1,800,000
Required -
a) Calculate the goodwill acquired by Cruz Limited.
b) Explained the difference between inherent goodwill and purchased goodwill. Explain the accounting treatment for both.
Find which the distinction between the direct and indirect costs depends on whether the cost? Will increase with changes in levels of activity
1. why is there a mandatory duty to bargain in labor-management negotiations when such a duty does not exist elsewhere
norr and caylor established a partnership on january 1 2010. norr invested cash of 100000 and caylor invested 30000 in
AM Express Inc. is considering the purchase of an additional delivery vehicle for $55,000 on January 1, 20Y1. Calculate the net present value of the investment
Compute the total amounts of dividends to both preferred and common stockholders for 2014 and 2015 if total dividends are $100,000 in 2014
The standard quantity of direct material is 60 KG iron, natural loss of iron 6%, damaged Pieces 2%, the standard price is $ 16/KG. Calculate the standard costs
Will switching to a perpetual inventory system strengthen AZO Co.'s control over inventory items? How IAS-2 is applicable here
On January 20, 20x2, Stef sold security A for $15,200, and paid a brokerage fee of $100. Prepare the adjusting entry at December 31, 20x1
Corporations often use different costs of capital for different operating divisions. Using an example, calculate the weighted cost of capital (WACC).
Overall presentation of the report and structure of the report - quality of the report - describe capacity and capability of an implemented system of an existing business.
determine the minimum annual net cash inflows required to obtain an internal rate of return of 16 percent.
Happy selling's had the following accounts at year end: cash-250 000, accounts payable- 70,000, prepaid expenses-15 000. compute for the company's current.
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd