subject
Business, 24.04.2020 18:24 bonnysvalentine

On March 31, 2021, Wolfson Corporation acquired all of the outstanding common stock of Barney Corporation for $17,000,000 in cash. The book values and fair values of Barneyâs assets and liabilities were as follows:
Book Value Fair Value
Current assets $ 6,000,000 $ 7,500,000
Property, plant, and equipment 11,000,000 14,000,000
Other assets 1,000,000 1,500,000
Current liabilities 4,000,000 4,000,000
Long-term liabilities 6,000,000 5,500,000
Required:a. Calculate the amount paid for goodwill.

ansver
Answers: 2

Other questions on the subject: Business

image
Business, 22.06.2019 02:20, gabegabemm1
The following information is available for jase company: market price per share of common stock $25.00 earnings per share on common stock $1.25 which of the following statements is correct? a. the price-earnings ratio is 20 and a share of common stock was selling for 20 times the amount of earnings per share at the end of the year. b. the market price per share and the earnings per share are not statistically related to each other. c. the price-earnings ratio is 5% and a share of common stock was selling for 5% more than the amount of earnings per share at the end of the year. d. the price-earnings ratio is 10 and a share of common stock was selling for 125 times the amount of earnings per share at the end of the year.
Answers: 1
image
Business, 22.06.2019 20:30, bbby2
1. what is the lowest balance during this period? 2. lily just received her bank statement below. a. what does the bank think her ending balance is? b. how much more does the bank think lily has? c. what transactions are missing? 3. what is the danger of not balancing your bank account? lily’s bank statement deposits: 2/25 $35 2/26 $20 3/1 $256.32 checks: 2/24 ck #301 $25 2/26 #302 $150 debit card: 2/24 american eagle $75.48 2/25 chick fa la $4.67 2/27 mcdonalds $3.56 2/28 chevron $34.76 withdrawal: 2/27 $40 beginning balance $423.34 deposits $311.32 total debits $333.47 ending balance $401.19
Answers: 1
image
Business, 22.06.2019 21:00, liamgreene90
You have $5,300 to deposit. regency bank offers 6 percent per year compounded monthly (.5 percent per month), while king bank offers 6 percent but will only compounded annually. how much will your investment be worth in 17 years at each bank
Answers: 3
image
Business, 22.06.2019 21:30, sarahelisabeth444
China white was the black market selling of ivory, in which the profit was redistributed back into the trafficking of heroin.
Answers: 3
You know the right answer?
On March 31, 2021, Wolfson Corporation acquired all of the outstanding common stock of Barney Corpor...

Questions in other subjects:

Konu
Geography, 14.07.2020 01:01