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Question - On January 1 2021,NOP acquires 100% interest in QRS in exchange for NOP's 10,000 shares with par value per share of P20 and fair value per share of P200. QRS's net identifiable assets have fair value of P1,920,000 and a book value of P1,850,000. In addition, NOP agrees to provide an additional payment of P400,000 if QRS's 2021 net income will except P3,600,000. The fair value of the contingent consideration is P280,000. The net identifiable asset of NOP have a book value of P3,250,000 and the fair value of P3,375,000. Compute the consolidated net identifiable asset after the acquisition.
1. Which of the following composers wrote the music for West Side Story?
All dollars are in millions. What is the projected inventory turnover ratio for the coming year?
On average, 100 customers arrive per hour at Gotham City Bank. It takes a teller an average of two minutes to serve a customer. Interarrival and service times are exponentially distributed.
How might one of the actors in the incident use power and politics to achieve advantage in the situation described? what extent are power and politics already
As of January 1, Terrace Waters, Capital had a credit balance of $500,000. Compute the balance of Terrace Waters, Capital as of the end of the year
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almo company manufactures and sells adjustable canopies that attach to motor homes and trailers. almo developed its
In this introductory course to business law, you will examine real-world court decisions pertinent to the topics that you will be studying.
Make the general journal entry (without explanation) needed to close the revenue(s) for the year end. Use compound entries where required
holding all other variables constant which of the following could cause a firms current ratio to decrease from 3.0 to
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