Reference no: EM132632181
Question - P Corporation issued 120,000 shares of P10 par common stock with a fair value of P2,550,000 for all the outstanding stock of M Company. In addition, P incurred the following costs
Professional fees to arrange the business combination P27,000
Cost of SEC Registration 12,000
Cost of printing and issuing stock certificates 3,000
Immediately before the business combination in which M company was dissolved, M's assets and equities were as follows (in thousands)
Accounts Book value Fair value
Current assets P1,000 P1,100
Plant assets 1,500 2,200
Liabilities 300 300
Common stock 2,000
Retained earnings 200
Required - How much additional paid in capital is recorded by P?
How many shares were to be issued
: Blue's current assets are appraised at P400,000 and the property and equipment was also appraised at P1,600,000. How many shares were to be issued
|
Federal trade commission act could apply to healthcare
: What are some of the ways the Federal Trade Commission Act could apply to a healthcare operation?
|
What is the amount of goodwill
: Professional fees to arrange the business combination P27,000 and Cost of printing and issuing stock certificates 3,000. What is the amount of goodwill
|
Discuss current or future applications of nanotechnology
: Discuss current or future applications of nanotechnology in fields such as medicine, engineering, space exploration, fuel cell development, air
|
How much additional paid in capital is recorded by P
: P Corporation issued 120,000 shares of P10 par common stock with a fair value of P2,550,000, How much additional paid in capital is recorded by P
|
Which of two interpretations do you find more persuasive
: How did to courts take such similar cases and reach opposite conclusions? Which of the two interpretations do you find more persuasive?
|
Find the net cash received over the life of bond investment
: Annapolis Company purchased a $2,000, 7%, 9-year bond at 97 and held it to maturity. Find the net cash received over the life of bond investment
|
How much is the consolidated assets at date of acquisition
: Palma purchased 80% of Selda Company's outstanding shares for P2,000,000, How much is the consolidated assets at the date of acquisition
|
Comprise valid evidence-based research study
: Analyze, and discuss the components that comprise a valid evidence-based research study.
|