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Question - On August 31 of the current year, Pine Corp. issued 100,000 shares of its $20 par value common stock for all of the net assets of SAP, Inc. The collection of assets and liabilities acquired do not meet the definition of a business under ASC 805. The fair value of Pine's common stock on the acquisition date was $76 per share. Pine paid a fee of $208,000 to the consultant who arranged this acquisition. Costs of registering and issuing the equity securities amounted to $148,000. What amount should Pine record in total for the net assets acquired?
Australian BAS agent context: How will you identify lodgement schedule requirements and ensure sufficient funds are available? Provide the suitable example.
On December 31, 2017 dieker company sells equipment to tabor inc for 125,000. What are the journal entries for dec 31, 2017
the initial cash outlay and cash flow projections are presented below for new equipment that outdoor sports inc. is
A balance sheet, and a budgetary comparison schedule Classify the fund balance as Unassigned
During the year, Schembri completed the sale of one of its operating divisions that qualifies as a component of the entity according to GAAP.
Determine the number of performance obligations that exist in the following scenarios. Tablet Tailors sells tablet PCs combined with Internet service.
Erin Industries, Inc. asks you to prepare brief comments stating how each of these items supports the argument that its financial health is improving.
costello corporation manufactures a single product. the standard cost per unit of product is shown below.direct
Location A may be purchased for $525000. Location B may be acquired with a down payment of $105000. Which option is the least costly to the company
Hilltop sells its rock climbing shoes worldwide. Hilltop expects to sell 4000 pairs of shoes for $165 each in January and 2,000 pairs of shoes for $220 each in February. All sales are cash only. Prepare the sales budget fro January and February. S..
on january 1 2010 zinn company obtained a 52000 four-year 6.5 installment note from fidelity bank. the note requires
What is the appropriate treatment of each of these seven items on 30 June 20X2 financial statements assuming each one is material
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