Consolidated balance sheet at the date of takeover

Reference no: EM13120636

By using the acquisition method.

Bailey,Inc.,buys 60 percent of the outstanding stock of Luebs,Inc.,in an acquisition that resulted in the recognition of goodwill. Luebs owns a piece of land that cost $200,000 but was worth $500,00 at the acquisition date. What value should be attributed to this land in a consolidated balance sheet at the date of takeover?

Reference no: EM13120636

Questions Cloud

Personality factors-self esteem : How would your colleagues probably react to such a statement of yours? Is their expected (positive or negative) reaction the local cultural habit in your company or is it a wider position common for people in your country?

Proble related to full-time law student : Elaine provides more than half of the support for her son James, who does NOT live with her. James is 26 and is a full-time law student. He earns $2,000 from a part-time job. He has a $11,000 scholarship covering his tuition.

Find risk-adjusted npv of projects : Risk-adjusted NPV of Projects. The Bartram-Pulley Company (BPC) must decide between two mutually exclusive

Find probability to earn if model skewed to the left : With a mean of $8.90 and a standard deviation of $5.70. She waites on 30 parties. What is the probability that she will earn at least $350?

Consolidated balance sheet at the date of takeover : Bailey,Inc.,buys 60 percent of the outstanding stock of Luebs,Inc.,in an acquisition that resulted in the recognition of goodwill. Luebs owns a piece of land that cost $200,000 but was worth $500,00 at the acquisition date. What value should be at..

Computing value of discriminant : Solving quadratic equations. Discriminant of a quadratic equation. Compute the value of the discriminant and give the number of real solutions to the quadratic equation.

Calculate the standard deviation and variance : Standard deviation, Variance and Covariance. Calculate the standard deviation and variance of each set data, and covariance.

To what temperature, in oc, was the methane heated : A sample of methane gas (CH4) at 18.8 oC is heated. The pressure increases from 1.78 atm to 2.46 atm, and the volume of the sample changes from 4.09 L to 1.89 L.

Develop your critical thinking skills : Identify 3 of the 9 strategies that you will use to develop your critical thinking skills. Describe how you will use each strategy, give specific examples.

User Account

All Pages