User Account

All Pages

What is the dollar amount of wallace corp net assets

Assignment Help Accounting Basics
Reference no: EM132814942

Dodd CO acquired 75% of the common stock of Wallace Corp. for 1,800,000. The fair value of Wallace's net assets was $2,100,000 and the book value was $1,900,000. The noncontrolling interest shares of wallace corp are not actively traded.

Problem 1: What is the dollar amount of Wallace Corp's net assets that would be represented in a consolidated balance sheet prepared at the date of acquisition?

Reference no: EM132814942

Questions Cloud

Topic - The Psychological Impact a Coach has on Team Success : Essay Writing Assignment - Topic - The Psychological Impact a Coach has on a Team's Success
Identify the risks to the organization and its it assets : Identify the risks to the organization and its IT assets. Identify any risks that are not covered by control objectives in your critique.
Explaining to staff significant of stocking : Create a executive summary explaining to your staff the significant of stocking, placing timely orders, and provide a step by step method
What are the most common potential risk : What are the most common potential risk associated with CQI programs in public and private settings?
What is the dollar amount of wallace corp net assets : What is the dollar amount of Wallace Corp's net assets that would be represented in a consolidated balance sheet prepared at the date of acquisition?
Times of business issues surrounding tragic events : Ethical actions in times of business issues surrounding tragic events. Through our lesson, we learned that tragic events detract people from their normal ethica
How are compiled lists different from response lists : How are compiled lists different from response lists? Why are house files (internal databases) enhanced with supplemental data?
Find how much is warranty expense under expense warranty : Hendricks Equipment Company sell computers for $1,500 each and also gives each customer. How much is 2019 warranty expense, under the expense warranty approach?
Benefits of cqi in improving health care : Current evidence suggests the benefits of CQI in improving health care are uncertain, reflecting both the poor quality of evaluations

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