Outstanding common stock of sam corporation

Reference no: EM13145577

Father, inc. buys 80 percent of the outstanding common stock of sam corporation on January 1, 2009 for $680000 cash. at the acquisition date, sam's total fair value was assessed at $850,000 although sam's book vale was only $600,000.

Reference no: EM13145577

Questions Cloud

State null and alternative hypothesis in symbolic form : You are conducting a one-tailed or two-tailed test? Explain with an example and also state the Null and the Alternative hypothesis for the example in symbolic form.

Determine the mole percentage of the two components : during one of the processes at the plant. The two liquids are blended until a specific gravity of 1.445. Determine the mole percentage of the two components in the blend.

Record the disposal under the assumptions : Puckett Co. has office furniture that cost $75,000 and that has been depreciated $50,000. Record the disposal under the following assumptions.

Use fitted trend equations to make numerical forecast : Which trend model do you think is best to make forecasts for the next 3 years? Why? (e) Use each of the three fitted trend equations to make a numerical forecast for 2007.

Outstanding common stock of sam corporation : Father, inc. buys 80 percent of the outstanding common stock of sam corporation on January 1, 2009 for $680000 cash. at the acquisition date, sam's total fair value was assessed at $850,000 although sam's book vale was only $600,000.

Compute the relative dispersion of each group : Compute the relative dispersion (Coefficient of Variation) of each group and give us your thoughts on the dispersion. About 95% of all checked luggage on domestic flights weigh between what two values? How did you find this?

Characteristic of a business combination : Which one of the following is a characteristic of a business combination that should be accounted for as a purchase?

Prepare the journal entries for bentz corporation : Bentz Corporation bought and sold several securities during 2006. Listed below is a summary of the transactions. Prepare the journal entries for the above transactions. Show calculations.

Find out the tax consequences : Put in holding company in exchange for 1 million in p/s and 800,000 in debt, what are the tax consequences?

User Account

All Pages