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What is the maximum potential contingent payout

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on June 22nd ,2018 Kroger inc acquired the assets and liabilities of home chef, a privately owned company based in the Chicago in exchange for 197 million in cash (net of 30 million cash acquired )and contingent consideration .Refering to Kroger 's 2018 financial statements , answer the following questions .

Question 1- why did Kroger acquire Home Chef?

Question 2-  Provide a schedule showing Kroger's allocations of the consideration transferred to Home Chef's identifiable assets acquired and liabilities assumed with the reminder going to goodwill .

Question 3- What is the maximum potential contingent payout (earn-out) to the former owners of Home chef ? What were the factors that entered into the determination of the acquisition -date fair value of the contingent consideration ?

Reference no: EM132628698

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