Calculation of good willtotal shareholders equity of

Assignment Help Financial Accounting
Reference no: EM13356116

Calculation of good will.

Total Shareholders' Equity of Little

$330,000

Investment made by Big

80%

Book Value of Acquisition

$264,000

Amount paid to acquire 80%

$345,000

Excess Acquisition Price

$81,000

Less: Amount to be allocated to Buildings

$20,000

 

Reference no: EM13356116

Questions Cloud

Multiple choice questions related to investors and : multiple choice questions related to investors and expenses.1.nbspdebt securities sold to investors that must be repaid
Prepare a consolidated balance sheet and journal entries : prepare a consolidated balance sheet and journal entries from the data.balance sheet of big as of
Prepare a consolidated balance sheet and journal entries : prepare a consolidated balance sheet and journal entries from the data.balance sheet of big as of
Prepare a consolidated income statement from the given : prepare a consolidated income statement from the given data.consolidated income statement of big for the year ended
Calculation of good willtotal shareholders equity of : calculation of good will.total shareholders equity of little330000investment made by big80book value of
Finding premium earned and losses incurred for forgetful : finding premium earned and losses incurred for forgetful insurance companybackground this project provides a set of
Finding capacity ratio liquidy ratio for forgetful : finding capacity ratio liquidy ratio for forgetful insurancebackground this project provides a set of annual statements
Preparing balance sheetnbsp for forgetful insurance : preparing balance sheetnbsp for forgetful insurance company.background this project provides a set of annual statements
Preparing an income statementnbsp for forgetful insurance : preparing an income statementnbsp for forgetful insurance companybackground this project provides a set of annual

Reviews

Write a Review

Financial Accounting Questions & Answers

  Identifying external borrowings requirement

Identifying the External borrowings requirement or excess cash generated by preparing the pro-forma balance sheet - Forecast the firm's December 31, 2010 pro-forma balance sheet.  Identify the external financing need (EFN) or excess cash generated.

  Compute the physical units of production

Compute the physical units of production and compute equivalent units of production for materials and for conversion costs.

  Analyzing wendys international''s involvement

The first step to analyzing Wendy's International's involvement with Baja Fresh is to examine the financial information related to the acquisition of Baja Fresh

  Could you think of any alternative interpretation

A fund manager states: "I refuse to buy any company that makes a voluntary accounting change, since it's certainly a case of management trying to hide bad news." Can you think of any alternative interpretation?

  Evaluate sales and standard cost data

The Knott Division's evaluated sales and standard cost data for the fiscal year ending Sept. 30 are as given:

  Show increase in sales related to the increase in inventory

Increase in sales related to the increase in inventory- is the increase in sales related to the increase in inventory?

  Evaluate the monthly margin of safety in dollars

Evaluate the monthly margin of safety in dollars if the business achieves it's operating income goal?

  What amount should south company report as its depreciation

The machine is being depreciated over 10 years using the double-declining method. For the year ending December 31, 2008, what amount should South Company report as its depreciation expense in its general ledger account?

  Evaluate pension expense for the year 2010

Evaluate pension expense for the year 2010. Prepare journal entry to record pension expense and the employer's contribution to the pension plan in 2010.

  What are the earnings per share amounts

What are the earnings per share amounts that Porter should report in its current year consolidated income statement?

  Multiple choice questions related to firms revenuesnbsp and

multiple choice questions related to firms revenuesnbsp and operating income cost behavior.1. a management that wanted

  Question a paper for a government nonprofit accounting

question a paper for a government nonprofit accounting class.pension trust fundharvey city has just one trust and

Free Assignment Quote

Assured A++ Grade

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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd