Determine the fair value of identifiable net assets of Sub

Assignment Help Accounting Basics
Reference no: EM132992342

Question - Parent Ltd acquired all of the issued share capital of Sub Ltd on 30 June 2020 for a cash consideration of $412,000. If goodwill acquired by Parent Ltd is $27,000, determine the fair value of identifiable net assets of Sub Ltd?

a. $412,000

b. $439,000

c. $385,000

d. $390,000

Reference no: EM132992342

Questions Cloud

What is the break-even EBIT : Under Plan II, the company will have 120,000 outstanding shares and a Debt value of 1.57 billion. What is the break-even EBIT
Describe the positioning of retail shops : Describe the positioning of retail shops
Find the total sales during the first year : If $1200 is deposited each year in a savings account paying 5% per annum compounded continuously, how much in total, is in the account after 3 years?
Equity important for investors and lenders : Why is a company's owners' equity important for investors and lenders?
Determine the fair value of identifiable net assets of Sub : Parent Ltd acquired all of the issued share capital of Sub Ltd on 30 June 2020 for a cash consideration of $412,000. Determine the fair value of identifiable
Area of social work practice : Write a policy brief on any ONE chosen social issue which relate to an area of social work practice - social policy analysis to advocate for social policy
Theme of prejudice and discrimination in the novel : What would be a good theses statement for the theme of prejudice and discrimination in the novel The boy in striped pyjamas.
What is the valuation technique to measure for tom parish : Tom has become aware of the concept of highest and best use and believes, What is the appropriate valuation technique to measure the asset?
Discuss factors affecting diversity and talent management : Discuss four factors affecting diversity and talent management in the workplace of today

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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