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Staffing company purchased the net assets of Time management for 390000. TM's net assets carried on books at 183,000. An appraisal of TM assets and liabilities show a fair net market value of 299,000. Staffing is willing to pay for loyal retail customers and loyal employees. what is the amount of goodwill that staffing should record at acquisition of TM?
1.lwhich one of the following is not considered a liability?a. accounts receivable b.net value of your physical
A company had calculated net income to be $78,200 based on the unadjusted trial balance.
glade company produces a single product. the costs of producing and selling a single unit of this product at the
astro co. sold 19000 units of its only product and incurred a 41300 loss ignoring taxes for the current year as shown
What are several possible explanations for the markdown and slow sale of common waleth Edison's bonds?
Bullen Inc. acquired 100% of the voting common stock of Vicker Inc. on January 1, 2013. The book value and fair value of Vicker's accounts on that date (prior to creating the combination) follow, along with the book value of Bullen's accounts
an audit revealed that in determining these amounts the ending inventory for 2012 was overstated by 18000. the company
Nevada's engineers have found a way to reduce equipment manufacturing time. The new method would cost an additional $60 per unit and would allow Nevada to manufacture 20 additional units a year - Should Nevada use the new design?
Assume simplified straight line depreciation , this machine is being depreciated down to zero a 34% marginal tax rate and a required rate of 12 %.
wages earned from july 1st through december 31st was 480000. wages earned between dec. 15th and dec 31st amounting to
boston galleries uses the specific identification method for inventory valuation. inventory information for several oil
Complete the worksheet by extending amounts reported in the adjusted trial balance to the appropriate columns in the work sheet. Do not total individual columns.
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