User Account

All Pages

What the fair value of identifiable net assets acquired

Assignment Help Accounting Basics
Reference no: EM133042383

Question - Ting Limited paid $220 000 for 70% of Ping Limited. At the date of acquisition Ping Limited had share capital of $200 000 and retained earnings of $100 000 and all of Ping Limited's assets and liabilities were recorded at fair value. What the fair value of identifiable net assets acquired by Ting Limited?

Reference no: EM133042383

Questions Cloud

Strayer databases to research one publicly traded company : Use the Company Dossier through Nexis Uni, the Internet, or Strayer databases to research one publicly traded company in which you are interested.
Prepare the journal entries on January : Island 's incremental borrowing rate is 5%; the rate implicit in the lease is also 4%. Prepare the journal entries on January 1, 2019, December 31, 2019
Calculate Economic Order Quantity : The company is using Economic Order Quantity model in placing the orders. Calculate Economic Order Quantity
Implementing Full System Within Health Care : Create an implementation plan (development and deployment) for the identified system.
What the fair value of identifiable net assets acquired : All of Ping Limited's assets and liabilities were recorded at fair value. What the fair value of identifiable net assets acquired by Ting Limited
How should we respond to god goodness : How would you apply the scripture to your professional and personal life? How should we respond to God's goodness?
Prepare consolidation worksheet entries for the preparation : Prepare the consolidation worksheet entries for the preparation of the consolidated financial statements of Sugar Ltd at 30 June 2020
Database management system : What are some ways to determine which database management system will work best for a given project?
Process improvement and workflow automation : Brief description of your workflow. What information differs from process improvement to technology optimization when creating the workflow?

Reviews

Write a Review

Accounting Basics Questions & Answers

  Calculate dividends paid to the shareholders

Calculate Dividends paid to the shareholders will increase assets and decrease liabilities,decrease assets and decrease shareholders' equity

  What is the project profitability index

It will generate positive cash inflows- Year 1 - $400,000; Year 2 - 500,000; Year 3 - $650,000; What is the project's Profitability Index

  The few places in north america to contain diamonds

Diamond Mountain was originally thought to be one of the few places in North America to contain diamonds

  Write a business report about myob group limited

Write a business report about Myob Group Limited, It is important to read through the grading rubric for this assignment

  Discuss the impact of the sarbanes-oxley act

Discuss the impact of the Sarbanes-Oxley Act on financial reporting and disclosure and assess whether or not you believe it helps provide accurate information

  Calculate the revised amount for basic earnings per share

If Trinity Railway also had preferred stock outstanding, and declared and paid $227,500 in dividends, Calculate the revised amount for basic earnings per share

  What is the predetermined overhead rate

Lightning, Inc. uses direct labor hours as a basis for allocating overhead. What is the predetermined overhead rate

  Conlin company acquires a delivery truck at a cost of 37700

conlin company acquires a delivery truck at a cost of 37700. the truck is expected to have a salvage value of 2900 at

  What amount of net inventory on consignment

EG Co. shipped inventory on consignment to Secret Co., What amount of net inventory on consignment remains on the balance sheet for the first year for EG Co.?

  Allocate the service department costs using the reciprocal

university printers has two service departments maintenance and personnel and two operating departments printing and

  What is the net present value of this investment opportunity

What is the net present value of this investment opportunity? Based on your answer to (a) above, should Axillar go ahead with the new conditioning shampoo

  How many units would be the safety stock

What would have been the desired service level if an order quantity of 142 rolls were placed when the stock on hand is 30 rolls?

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