What should be recorded in Pendragon APIC

Assignment Help Accounting Basics
Reference no: EM132652654

Question - Pendragon Co. issues 200000 shares of $5 par value common stock to acquire Squire Co. in a business combination. The market of Pendragon's common stock is $10. Legal and consulting fees incurred in relationship to the combination are $135000. Direct registration and issuance costs for the common stock are $135000. What should be recorded in Pendragon's APIC, considering both the business combination and its associated financing?

Reference no: EM132652654

Questions Cloud

Identify the weaknesses in the wage system : Identify the weaknesses in the wage system described above and recommend improvements for each weakness identified
Describe the audit procedures you would perform : The company operates its business from one large store in Bloemfontein. Describe the audit procedures you would perform to verify inventory account balance
How much is zakat paid and the method to compute zakat : You have to make a comparative analysis between two set of islamic bank financial statements. How much is zakat paid and the method to compute zakat
Significant impact on digital forensics : Describe the plain view doctrine, and why it has such a significant impact on digital forensics?
What should be recorded in Pendragon APIC : Pendragon Co. issues 200000 shares of $5 par value common stock to acquire Squire Co. What should be recorded in Pendragon APIC
Paradigms shifts in information technology history : According to Crocker and Smallwood, cloud computing represents one of the most significant paradigms shifts in information technology (IT) history
Write included if the cost is to be included in land : Question - Write included if the cost is to be included in Land, Building and Land Improvement accounts. and Write not included if not
What are the trade offs that Dianrong is facing : What are the trade offs that Dianrong is facing? How should the company prioritize its objectives? What should Soul Htite do?
Calculate the average variation in driving time : Calculate the average variation in driving time. Compare the standard and average variations. Is the difference significant

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.

  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!

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