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Question - On July 1, 2016, the Magna Co. acquired 100%% of the Natural Co. for a consideration transferred of P160,000,000. At the acquisition date, the carrying amount of Natural's net assets was P100,000,000. At the acquisition date, a provisional fair value of P 120,000,000 was attributed to the net assets. An additional valuation received on May 31, 2017 increased this provisional fair value to P135,000,000 and on July 30, 2017, this fair value was finalized at P 140,000,000. What amount should Magna present for goodwill in its statement of financial position at December 31, 2017, according to IFRS 3, Business Combination?
Based on historical data, the market conditions' probabilities are: strong market 45%; fair market 35%; and low market 20%. Develop a decision table from the.
Sally is asking for information on the Nunavut Payroll Tax. Who pays the tax and how is it calculated? Are there any special considerations or challenges.
which of the following financial ratios is the best measure of the operating effectiveness of a firms
A city's Enterprise Fund issued revenue bonds with a face value of $10,000,000-the Enterprise Fund will report total other financing sources in the amount of
nicole organized a new corporation. the corporation began business on april 1 of year 1. she made the following
Accounting Administrative Management Question - What do you want to get out of this job (e.g., social interaction, new skills, money)
What do you think the new owner's reaction would be if they learned of the director's actions
speed zone inc. dealers in automobiles pays its employees a commission of 5 percent on each sale. what is the proper
Novak Inc. also had 290,000 shares outstanding of cumulative, $3, no-par value preferred shares. Calculate the Rate of return on common shareholders equity
Current assessed values for the land and building, respectively are P4,500,000 and 7,000,000. How much should the Land be recorded in the books
The capital investment committee of Touch of Eden Landscaping Company is considering two capital investments. The estimated income from operations and net cash flows from each investment are as follows:
What was the materials coat per Equivalent unit produced during June? What was the labor and overhead costs per equivalent unit produced during June
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