Business, 27.12.2020 15:20 gyexisromero10

At the start of the current year, Company A purchased 30% of Company B for $45 million. At the time of purchase, the carrying value of Company B's net assets was $75 million. The fair value of Company B's depreciable assets was $15 million in excess of their book value. For this year, Company B reported a net income of $75 million and declared and paid $15 million in dividends. The total amount of additional depreciation to be recognized by SBC over the remaining life of the assets is:

a. $4.5 million.
b. $15 million.
c. $27 million
d. None of these answer choices are correct.

Answers: 2

Show answers

Other questions on the subject: Business

Business, 22.06.2019 11:00, montgomerykarloxc24x

You decide to invest in a portfolio consisting of 25 percent stock a, 25 percent stock b, and the remainder in stock c. based on the following information, what is the expected return of your portfolio? state of economy probability of state return if state occurs of economy stock a stock b stock c recession .16 - 16.4 % - 2.7 % - 21.6 % normal .55 12.6 % 7.3 % 15.9 % boom .29 26.2 % 14.6 % 30.5 %

Answers: 1

continue

Business, 22.06.2019 11:00, xxaurorabluexx

If the guide wprds on the page are "crochet " and "crossbones", which words would not be on the page. criticize, crocodile, croquet, crouch, crocus.

Answers: 1

continue

Business, 22.06.2019 11:10, flippinhailey

Suppose that the firm cherryblossom has an orchard they are willing to sell today. the net annual returns to the orchard are expected to be $50,000 per year for the next 20 years. at the end of 20 years, it is expected the land will sell for $30,000. calculate the market value of the orchard if the market rate of return on comparable investments is 16%.

Answers: 1

continue

Business, 22.06.2019 12:00, hannaboo53

Identify at least 3 body language messages that project a positive attitude

Answers: 2

continue

You know the right answer?

At the start of the current year, Company A purchased 30% of Company B for $45 million. At the time...