On January 1 2021,NOP acquires 100 interest in QRS in exchange for NOP's 10,000 shares with par value per share of P20 and fair value per share of P200 QRS's net identifiable assets have fair value of P1,920,000 and a book value of P1,850,000 In addition, NOP agrees to provide an additional paymen...

To compute the consolidated net identifiable assets after the acquisition we need to combine the net ...

On January 1 2021,NOP acquires 100% interest in QRS in exchange for NOP's 10,000 shares with...

Fantastic news! We've Found the answer you've been seeking!

Question:

Related Book For answer-question

International Financial Reporting And Analysis

ISBN: 9781473766853

8th Edition

Authors: David Alexander, Ann Jorissen, Martin Hoogendoorn

See More Books

Posted Date: Jul 08, 2023 05:42 AM

See More Questions

one two three four five six zero Complete the table below for the composition of hybrid orbitals. Atomic orbitals mixed Hybrid orbitals formed Unhybridized orbitals remaining Linear S sp Trigonal...
On January 1, 2021, Melon Corporation contracted Mr. Coco to be the endorser of Melons new product. Melon shall issue 1,300 shares with par value per share of P1 in consideration for the services...
(a) What's the index of the top motif (approximately)? [3 points] (b) In the figure above, please highlight where the top motif. Draw a box around it on the top plot. [3 points] (e) What's the index...
A person is pulling on a rope attached to a locomotive of mass m = 100 tons (Fig. 1, right). The person is pulling with a constant force F that is 2 times greater than their body weight, at an upward...
Two uniform spheres, each with mass M and radius R, touch each other. What is the magnitude of their gravitational force of attraction?
To complete your last year in business school and then go through law school, you will need $10,000 per year for 4 years, starting next year (that is, you will need to withdraw the first $10,000 one...
What is meant by the concept litigation plan?
Some communication experts claim that men and women have different styles of communication that create barriers to decoding messages from a sender of the opposite sex. What do you think are the...
What is the rooms status report, and what is it used for?Explain
Suspect Company issued $600,000 of 9 percent first mortgage bonds on January 1, 20X1, at 103. The bonds mature in 20 years and pay interest semiannually on January 1 and July 1. Prime Corporation...
The time-dependent displacement r(t), and velocity i(t), of a particle's motion is described by the equation x + 2i = 3ri. (a) Find any equilibrium point(s) of the system, and show that the equation...
P(B|E c ) Find the indicated probabilities by referring to the given tree diagram and by using Bayess Rule. A P(A) = 0.2 P(E|A)=0.6 E P(ECA) = 0.4 -EC P(B) = 0.55 P(E|B)=0.7 -E B EC P(E|B) = 0.3 P(C)...
Use the information given in Problem 22 to find: (a) P(A 1 |E) (b) P(A 2 |E) Data from Problem 22 Suppose that events A 1 and A 2 form a partition of the sample space S with P(A 1 ) = 0.35 and P(A 2...
On the earth, an astronaut throws a ball straight upward; it stays in the air for a total time of $3.0 \mathrm{~s}$ before reaching the ground again. If a ball were to be thrown upward with the...
Suppose that Y is a normally distributed random variable with = 10 and = 2, and X is an independent random variable, also normally distributed with = 5 and = 5. Find: (a) P(Y>12 and X>4) (b) P(Y...
In a hypothesis test the p value is 0.043. This means that we can find statistical significance at: (1) both the 0.05 and 0.01 levels (2) the 0.05 but not at the 0.01 level (3) the 0.01 but not at...
On April 1, 2022. Guy Comeau and Amelie Lavol formed a partnership in Ontario Comeau $315,900 cash Contribution Profit sharing Cash withdrawal March 20, 2023 $157,988 salary allowance 5% of original...
One hundred pounds of water at atmospheric pressure are heated from 60F to 200F. What is the enthalpy change? The internal energy change? Why is the difference between the internal energy change and...
Some people think that the term business ethics is an oxymoron. What do you think and why?
RD operates in Country A and has established the A$ as its functional currency. RD acquired a piece of machinery from an overseas supplier at a cost of B$5 million on 20 November 20X3. The invoice...
AB had 10 million 0.50 ordinary shares in issue at 1 January 20X7. On 1 August 20X7 AB issued 2 million 0.50 ordinary shares at a premium of 0.30. Throughout the year AB had in issue 2 million 7 per...
The spectral density of a random signal is given by \[S(f)= \begin{cases}0.0001 \mathrm{~m}^{2} / \text { cycle } / \mathrm{s}, & 10 \mathrm{~Hz} \leq f \leq 1000 \mathrm{~Hz} \\ 0, & \text {...
The marginal density function of $x$ can be determined form the bivariate density function $p(x, y)$ as a. $p(x)=\int_{-\infty}^{\infty} p(x, y) d y$ b. \(p(x)=\int_{-\infty}^{\infty} p(x, y) d...
Fill in the Blank. Univariate distributions describe the probability distributions of __________ random variables.

On January 1 2021,NOP acquires 100% interest in QRS in exchange for NOP's 10,000 shares with...

Question:

Expert Answer:

To compute the consolidated net identifiable assets after the acquisition we need to combine the net ... View the full answer

International Financial Reporting And Analysis

Students also viewed these accounting questions