Short corporation purchased hathaway inc for 52000000 the

Assignment Help Accounting Basics
Reference no: EM13599143

Short Corporation purchased Hathaway, Inc. for $52,000,000. The fair value of all Hathaway's identifiable tangible and intangible assets was $48,000,000. Short will amortize any goodwill over the maximum number of years allowed. What is the annual amortization of goodwill for this acquisition?

Reference no: EM13599143

Questions Cloud

Sanilac county has a lease on a lawn mower for 2500 per : sanilac county has a lease on a lawn mower for 2500 per month and .02 per minute of operation. operating costs for fuel
Identify each cost as being a direct or indirect cost : jeelani construction company is composed of two divisions 1 home construction and 2 commercial construction. the home
Meredith and martin form the cash basis calendar-year mm : meredith and martin form the cash basis calendar-year mm partnership on july 1 of the current year. they purchase
The company is planning to acquire a new machines at a : the company is planning to acquire a new machines at a total cost of 600000. the machines estimated useful life is 7
Short corporation purchased hathaway inc for 52000000 the : short corporation purchased hathaway inc. for 52000000. the fair value of all hathaways identifiable tangible and
The company has 120000 square yards of growing space : midwestern sod company produces two products fescue grass and bermuda grass.fescue grass bermuda grassselling price per
Pisa inc leased equipment from tower company under a : pisa inc. leased equipment from tower company under a four-year lease requiring equal annual payments of 86038 with the
Curtis corporation is beginning to manufacture mighty mint : curtis corporation is beginning to manufacture mighty mint a new mouthwash in a small spray container. the product will
What amount should be reported in its 2011 income statement : mitchell corporation prepared the following reconciliation for its first year of operations pretax financial income for

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