User Account

All Pages

Determine the dollar value of goodwill

Assignment Help Accounting Basics
Reference no: EM131731684

Question - Immediately following an acquisition, the Alpha Company's balance sheet included cash $50,000, investment in subsidiary $250,000, plant assets $450,000, and liabilities $150,000.  The wholly owned subsidiary (Bravo-Zulu Company) had cash $75,000, plant assets $145,000, and liabilities $60,000.  All balances are normal. There are no other assets or liabilities, and the given values for the subsidiary are also equal to their fair values. Use this information to determine the dollar value of Goodwill that will be recorded in Alpha Company's consolidated balance sheet

Reference no: EM131731684

Questions Cloud

Assigned training event in your organization : You have just been assigned a training event in your organization. Since the training event will consist of purely adults,
Identify a professional setting and the three tests : Describe how the three selected tests and category are related to one's area of specialization and career goal.
How does the term pharmacology differ from the term clinical : how does the term pharmacology differ from the term clinical pharmacology. give examples of how nurses utilize pharmacology in clinical practice
Determine the maturity value of the certificate : Use this information to determine the maturity value of the certificate on December 31, 208? (Round your answer to the nearest whole dollar.)
Determine the dollar value of goodwill : Use this information to determine the dollar value of Goodwill that will be recorded in Alpha Company's consolidated balance sheet
How should the designer estimate the population mean : The designer of a sample survey stratifies a population into two strata, H and L. H contains 100,000 people, and L contains 500,000. He decides to allocate.
Discuss local anesthesia and general anesthesia : Create a chart with the headings Local Anesthesia and General Anesthesia. Compare and contrast the preoperative and postoperative needs
What is the total interest income : The bonds have a par of $10,000, pay interest at a 5% annual rate and have 5 years until maturity. What is the total Interest Income
How might stratification be used in given sampling problems : How might stratification be used in each of the following sampling problems? A survey to examine the lead concentration in the soil in a large plot of land.

Reviews

Write a Review

Accounting Basics Questions & Answers

  What is the purpose of the age discrimination in employment

What is the purpose of the Age Discrimination in Employment Act (ADEA)?

  What impact might this have on gross margins

What is the difference between the auditor's approach in verifying sales returns and allowances and sales? Why is there a difference?

  What is international convergence

What is International Convergence

  Different areas of operation

Olympic Limited is a diversified industrial company with many different areas of operation. The following information relates to the company's property, plant and equipment. The company has a 30th September year end.

  What is the maturity risk premium

Determinants of Interest Rate for Individual Securities - What is the maturity risk premium on the 6-year Treasury security

  What is flexibility timeliness and forward looking are

what is flexibility timeliness and forward looking are said to be the prominent traits of modern management accounting

  Valuation of accounts receivables

From the e-Activity, discuss the primary advantages and disadvantages of applying the direct write-off and the allowance method of writing off accounts.

  Each bond transaction at the date of issuance

BE10-10 Halloway Company has issued three different bonds during 2011. Interest is payable semiannually on each of these bonds.

  What may have led to the breakdown of internal controls

Explain what may have led to the breakdown of internal controls and how long this internal control weakness may have existed.

  Fiddling enterprises entered into a contract with one of

fiddling enterprises entered into a contract with one of its customers. the contract provided for a formula price of

  Variable overhead costs per direct labor hour indirect

frizell company is preparing its manufacturing overhead budget for 2011. relevant data consist of the following.units

  Acme lost millions of dollars more despite the fact that it

acme lost millions of dollars more despite the fact that it was able to make furniture faster using the robots. why

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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