Business, 16.04.2020 18:33 leannehounschell

The balance sheet of Cattleman's Steakhouse shows assets of $86,900 and liabilities of $14,600. The fair value of the assets is $90,600 and the fair value of its liabilities is $14,600. Longhorn paid Cattleman's $84,020 to acquire all of its assets and liabilities. Longhorn should record goodwill on this purchase of:

Answers: 2

Show answers

Other questions on the subject: Business

Business, 22.06.2019 09:00, episodegirl903

You speak to a business owner that is taking in almost $2000 in revenue each month. the owner still says that they are having trouble keeping the doors open. how can that be possible? use the terms of revenue, expenses and profit/loss in your answer

Answers: 3

continue

Business, 22.06.2019 18:10, zaratayyibah

Ashop owner uses a reorder point approach to restocking a certain raw material. lead time is six days. usage of the material during lead time is normally distributed with a mean of 42 pounds and a standard deviation of four pounds. when should the raw material be reordered if the acceptable risk of a stockout is 3 percent?

Answers: 1

continue

Business, 22.06.2019 20:30, cahree

Afirm wants to strengthen its financial position. which of the following actions would increase its current ratio? a. reduce the company's days' sales outstanding to the industry average and use the resulting cash savings to purchase plant and equipment. b. use cash to repurchase some of the company's own stock. c. borrow using short-term debt and use the proceeds to repay debt that has a maturity of more than one year. d. issue new stock, then use some of the proceeds to purchase additional inventory and hold the remainder as cash. e. use cash to increase inventory holdings.

Answers: 3

continue

Business, 22.06.2019 22:00, mlinares776

In which of the following games is it clearly the case that the cooperative outcome of the game is good for the two players and bad for society? a. two oil companies own adjacent oil fields over a common pool of oil, and each company decides whether to drill one well or two wells. b. two airlines dominate air travel between city a and city b, and each airline decides whether to charge a "high" airfare or a "low" airfare on flights between those two cities. c. two superpowers decide whether to build new weapons or to disarm. d. in all of the above cases, the cooperative outcome of the game is good for the two players and bad for society

Answers: 3

continue

You know the right answer?

The balance sheet of Cattleman's Steakhouse shows assets of $86,900 and liabilities of $14,600. The...