User Account

All Pages

What is the amount of the goodwill

Assignment Help Accounting Basics
Reference no: EM132908361

Question - Tahimik Co. Acquires 80% controlling interest in Kapayapaan Co. For P1,200,000. Kapayapaan Co.'s identifiable assets and liabilities have fair values of P3,300,000 and P1,700,000, respectively. Included in Kapayapaan's assets is a web press machine with fair value of P900,000 which Tahimik Co. Intends to sell immediately. The machine qualifies for classification as "held for sale". The costs to sell are P150,000. Tahimik Co. Opts to measure the non-controlling interest at fair value. What is the amount of the goodwill? (Assume the fair value of the NCI is equal to the grossed-up value of the consideration transferred multiplied by the NCI percentage)

Reference no: EM132908361

Questions Cloud

How hedging can cause liquidity problems : Explain and give an example of how hedging can cause liquidity problems to arise and describe two other factors which contribute to liquidity funding risk.
Explain the events in this case in terms of perception : What are some specific tasks that a human resource specialist could do for Curt and Are there any financial benefits that might come from hiring a human
What is a carry trade : What is a carry trade? What explanations have been put forward for their profitability and are the explanations plausible?
Exchange rates of developing and fast-growing economies : A country with 25% of the economy producing tradeables experiences a 10% increase in the productivity of tradeables.
What is the amount of the goodwill : The costs to sell are P150,000. Tahimik Co. Opts to measure the non-controlling interest at fair value. What is the amount of the goodwill
Should subordinates be able to earn more than their superior : What faults/issues may exist in the design of the incentive program at Sinar Mega Product Ltd - do you think organizations need to introduce incentive
Estimate for the projects unlevered cost of capital : a) What is your estimate for the projects unlevered cost of capital? (round to the nearest tenth of a percent)
What is the value of this levered firm : What is the value of this levered firm? Assume no cost of financial distress/bankruptcy.
Forward method of fixing interest rates : Evaluate the benefits and drawbacks from the client's point of view of the forward/forward method of fixing interest rates compared to the FRA method.

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.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd