What will be the value of the customer list intangible asset

Assignment Help Macroeconomics

Reference no: EM13188096

Assume U.S. GAAP (generally accepted accounting principles) applies unless otherwise noted.

During late December 2008 Company A acquires a small competitor, Company B. During the evaluation of the acquisition it is determined that the customer lists of Company B have a fair value of $50,000. Company A has spent $15,000 during the year updating and maintaining its own customer lists. What will be the value of the customer list intangible asset on Company A's 31 December 2008 consolidated financial statements?

Reference no: EM13188096

Questions Cloud

Determine the binding price floors and ceilings : If government pays a subsidy in a market and households keep most but not all of the subsidy payment then we know a) the demand curve is perfectly elastic. b) the demand curve is relatively more elastic than the supply curve.c) the demand curve is re..

Compute the values for t in k : Calculate the values for T (in K), w, delta U, and delta S. Neglect PV quantities for water and assume ideal behavior for water vapor.

Many midsized firms are investing in erp system packages : Many midsized firms are investing in ERP system packages, such as SAP and PeopleSoft.Comment on what you think might be particularly important parts of the decision-making process when the purchasing organization has only a small IS department.

State the molecular ionic and net ionic equation : Enter the molecular, ionic and net ionic equation for the following reactioins. I am having trouble figuring out when to make the water molecule and when not to.

What will be the value of the customer list intangible asset : During late December 2008 Company A acquires a small competitor, Company B. During the evaluation of the acquisition it is determined that the customer lists of Company B have a fair value of $50,000. Company A has spent $15,000 during the year up..

State nonelectrolyte that dissolves in chloroform is aspirin : The boiling point of chlorform CHCL3 is 61.70 degrees C at 1 atmosphere. A nonvolatile, nonelectrolyte that dissolves in chloroform is aspirin

Explain colorless solution of sodium sulfide : when a blue copper(II)nitrate solution is mixed with a colorless solution of sodium sulfide

At what speed is the boat approaching the dock : At what speed is the boat approaching the dock when it is 20 feet from the dock? 10 feet from the dock?

Determine initial course of action to suspend the employee : Kim Li, CFA, is a portfolio manager for an investment advisory firm. Li delegates some of her supervisory duties to Janet Marshall, CFA, after educating Marshall on methods to prevent and detect violations of the firm's compliance procedures. Desp..

User Account

All Pages