What is the initial cost of the bread machine

Reference no: EM131521250

Question: 1. Whole Grain Bakery purchases an industrial bread machine for $25,000. In addition to the purchase price, the company makes the following expenditures: freight, $1,500; installation, $3,000; testing, $1,000; and property tax on the machine for the first year, $500. What is the initial cost of the bread machine?

2. Kosher Pickle Company acquires all the outstanding stock of Midwest Produce for $14 million. The fair value of Midwest's assets is $11.3 million. The fair value of Midwest's liabilities is $1.5 million. Calculate the amount paid for goodwill.

Reference no: EM131521250

Questions Cloud

Deal with the issue of distance : In view of the interest in transcontinental mergers and acquisitions deals, discuss how you would deal with the issue of distance

Develop a forced ranking performance evaluation system : Develop a forced ranking performance evaluation system to improve the overall performance of the selected organization.

Millions of other buyers and decisions : Thinking deeper about your answers; how do interest rates affect millions of other buyers and their decisions, then how that affects the whole economy? Explain.

Calculate the future value-interest rate : Calculate the future value of $8,000 in 5 years at an interest rate of 6% per year.

What is the initial cost of the bread machine : Whole Grain Bakery purchases an industrial bread machine for $25,000. In addition to the purchase price, the company makes the following expenditures.

Government spending or an equal : Is it an increase in government spending or an equal decrease in taxes if consumer confidence is lower than the previous month?

Investors have different ways to invest internationally : Investors have different ways to invest internationally.

What should his yearly savings be to achieve these objective : What should his yearly savings be to achieve these objectives, if the after tax return available to him is 15%?

Examine this movement westward by a sizeable population : There was a large westward expansion movement between the years of 1815 and 1850. Examine this movement westward by a sizeable population

User Account

All Pages