Question: Can someone help me with part e and f ? 2. Roland acquires 70% of Felix on January 1, 2011. The terms of purchase is

Can someone help me with part e and f ? 2.

Can someone help me with part e and f ?

2. Roland acquires 70% of Felix on January 1, 2011. The terms of purchase is that Roland pays to Felix shareholders 70,000 shares of Roland common stock with a market value of $20 per share. The remaining 30,000 shares of Felix were traded at $15 both just before the acquisition date and right after the acquisition date. a. How much is the control premium per share b. How much is the total control premium paid by Roland c. Calculate business fair value d. Assume that 100% of the fair value of net assets acquired was $1,200,000. How much is goodwill e. How much goodwill is allocated to the controlling interest f. How much goodwill is allocated to the noncontrolling interest S30 2. Roland acquires 70% of Felix on January 1, 2011. The terms of purchase is that Roland pays to Felix shareholders 70,000 shares of Roland common stock with a market value of $20 per share. The remaining 30,000 shares of Felix were traded at $15 both just before the acquisition date and right after the acquisition date. a. How much is the control premium per share b. How much is the total control premium paid by Roland c. Calculate business fair value d. Assume that 100% of the fair value of net assets acquired was $1,200,000. How much is goodwill e. How much goodwill is allocated to the controlling interest f. How much goodwill is allocated to the noncontrolling interest S30

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Show works DI January 1, 2010, 1. Justin acquires 90% of the voting common shares of Stevens on January 1 In 2010, Justin pays dividends of $350,000 and Stevens pays dividends of $25,000. a. How much...

acquisition purchase methods for non controlling interests( economic unit method) please show income analysis and steps January 1, 2010, 1. Justin acquires 90% of the voting common shares of Stevens...

1. Justin acquires 90% of the voting common shares of Stevens on January 1, 2010. In 2010, Justin pays dividends of $350,000 and Stevens pays dividends of $25,000. a. How much is the noncontrolling...

Roland acquires 70% of Felix on January 1, 2011 . The terms of purchase is Roland pays to Felix shareholders 70,000 shares of Roland common stock wits market value of $20 per share. The remaining...

Roland acquires 70% of Felix on January 1, 2011. The terms of purchase are Roland pays to Felix shareholders 70,000 shares of Roland common stock with a market value of $20 per share. The remaining...

Roland acquires 7 0 % of Felix on January 1 , 2 0 1 1 . The terms of purchase i s that at $ 1 5 both just before the acquisition date and right after the acquixition were trat a . How much is the...

please just do the E and F part 2. Roland acquires 70% of Felix on January 1, 2011. The terms of purchase is that Roland pays to Felix shareholders 70,000 shares of Roland common stock with a market...

$ millions for Research In Motion and Apple. 4-9, Nokia, Research in Motion, and Apple are competitors in the global marketplace. Key comparative figures for each company follow. Nokia* . . . . . . ....

Please label and bold or underline course concepts A) Read the article What monetary rewards can and cannot do: How to show employees the money by Aguinis, Joo & Gottfredson. It is located in the...

Part I you are asked to use the introductory sentence about the tax payer and complete paragraph items 14 and 16. You will also use item 18 for needed Social Security numbers. Do not do additional...

A 45-g golf ball is hit with a golf club and leaves it with a velocity of 38 m/s. Assume that for 0t t0, where t0 is the duration of the impact, the magnitude F of the force exerted on the ball can...

This exercise focuses on the Springdale Shopping Survey, the setting and data collection instrument for which were provided at the end of Chapter 2. The data are in the computer file SHOPPING. 1....

A data recording package is to be placed on the ocean floor for 9 months during which it will automatically listen and record acoustic data. It will also take various oceano - graphic measurements...

Why would a firm decide to form a cooperative strategy despite the potential pitfalls? to explore options with no risk to create value for a customer that it likely could not create by itself to...

With the current labor shortage, hiring employees with specific technical skills or training existing employees is a challenge for Quebec and Canada. Could you propose an HRM strategy to recruit...

Which of these options would you recommend for building the strongest team of quality inspectors at La Vie en Rose? What implications does it entail for HRM?

What are the main HRM challenges (up to five) that the company is likely to face if it maintains its current growth strategy?