Find how much will davis recorded four at acquisition

Assignment Help Managerial Accounting
Reference no: EM132987057

Davis acquires 100% of Reynolds in acquisition. At date of acquisition, Reynolds had in process research and development costs they had spent 300, 000 for 3 years ago and is now recorded on its books at 100,000. This R and D has not yet reached technological feasibility and no alternative use has been identified. At acquisition date, Reynolds continues to work on this project and the fair value is considered to be 200,000.

Problem 1: How much will Davis recorded this four at acquisition under the;

a. acquisition method
b. purchase method
c. pooling of interest method
d. do either of answers a,b,c above differ is this transaction was structured as either a statutory merger or a statutory consolidation

Reference no: EM132987057

Questions Cloud

How much is the consolidated investment in watson : Under both methods how much is the consolidated investment in Watson. How much is debited to homes investment account at January 1, 2010
How would you describe that person : Think of a sister as a great leader in your own life How would you describe that person? What would you say were some of their strengths as a leader? Do you fee
Corporate entrepreneurship oxymoron : Discuss whether the term "corporate entrepreneurship" an oxymoron? Can corporations-especially large ones-be innovative?
What is florida state education funding : What is Florida's state education funding to see what types of plans or plan combinations are actually used. what the plans fund, additional requirements of loc
Find how much will davis recorded four at acquisition : How much will Davis recorded this four at acquisition under the pooling of interest method. Reynolds had in process research and development costs
Credibility and professionalism with clients and customers : Explain how your personal presentation can affect your credibility and professionalism with clients and customers.
Demonstrate an understanding of business practice : Case Study Analysis Assignment and Identify the most important facts of the case study - Discuss and recommend the best course of action for the MNC
Find what consolidated fixed assets under purchase method : What is consolidated fixed assets under the purchase method. On January 1, 2010 hand acquires 100% of finger in a statutory merger.
Anglo-american model of governance : Make an overall evaluation whether the Ma¯ori perspective offers a different approach to power/energy services in Aotearoa New Zealand in contrast to the Anglo-

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Manage budgets and financial plans

Explain the budgeting process and its importance to a business, identifying the components of different budgets, forecast estimates for inclusion in the budgets.

  Prepare a retained earnings statement

Prepare a retained earnings statement for the year and Prepare a stockholders' equity section of given case.

  Prepare a master budget for the three-month period

Prepare a master budget for the three-month period.

  Construct the companys direct labor budget

Construct the company's direct labor budget for the upcoming fiscal year, assuming that the direct labor workforce is adjusted each quarter to match the number of hours required to produce the forecasted number of units produced.

  Evaluate the predetermined overhead rate

Evaluate the Predetermined Overhead Rate

  Determine the company''s bid

Determine the company's bid if activity-based costing is used and the bid is based upon full manufacturing cost plus 30 percent.

  Compute the pool rates for the different activities

Complete the schedule to compute the pool rates for the different activities.

  Prepare Company financial statements

Prepare Company financial statements

  Prepare an analysis of terracycles

This individual assignment is based on the TerraCycle Inc.

  Discuss the ethical issues

Discuss the ethical issues

  Political resources in emerging markets

Calculate the GDP in Income Approach  and Expenditure Approach

  Management accounting - ehsan electronics company

A new plant accountant suggested that the company may be able to assign support costs to products more accurately by using an activity based costing system that relies on a separate rate for each manufacturing activity that causes support costs.

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