Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Question - Meryll Company is negotiating to acquire the net assets LeMans Company. Under the plan, Meryll is willing to pay for goodwill computed by capitalizing at 25% LeMans' average earnings in excess of the 10% normal return based on the appraised value of net assets. This is the same level of income experienced by companies similar to LeMans line of business. LeMans' income for the past three years averaged 3,000,000. LeMans' assets and liabilities are
Book Value Appraised Value
Assets excluding goodwill P30,000,000 P39,000,000
Liabilities 10,500,000 10,500,000
What is the amount of goodwill?
A. 600,000
B. 420,000
C. 150,000
D. 105,000
Equipment transaction and cash flow reporting - Determine the cost and accumulated depreciation of the equipment sold during 20X4
1-Aug Sold 70 percent of invetory purchased June 1 for 40,000 lira on credit, Prepare journal entries for the following transactions in U.S. Dollars
The demand for the drug in the health unit is 50,000 units a year. Find the optimal purchasing policy for the hospital
Company Z took out a construction-specific 10%, 4-year note of $400,000. Compute the weighted-average interest rate
Assume that current level of sales is 305 units. What will be the resulting percentage change in EBIT if they expect units sold to changes by -0.8 percent
Their recent dividend was $.79. What is the value of their stock when the required rate of return is 14.43 percent
motorcade company has three service departments s1 s2 and s3 and two production departments p1 and p2. the following
During FY 2018, Baker Company reported sales of $400,000, a contribution margin of $8.00 per unit, Determine the number of units Baker sold
Calculate the depreciation for the year ending 31st December 2016 using each of the following methods: i) Straight Line ii) Units of production
In the department's cost reconciliation report for January, the cost of beginning work in process inventory for the department would be
What circumstances are external auditors eligible to receive Dodd-Frank Whistleblower incentives? Be specific and discuss why you think this exception was made.
Parent Company acquired 90% of Son Inc. on January 31, 20X2 in exchange for cash. The book value of Son's individual assets and liabilities approximated.
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd