Question: Please help me. thank you Reverse acquisition 5. Entity A and Entity B exchanged equity interests in a business combination. Relevant information follows: Entity A

Please help me. thank you Reverse acquisition 5. Entity A and

Please help me. thank you

Reverse acquisition 5. Entity A and Entity B exchanged equity interests in a business combination. Relevant information follows: Entity A has 2,000 issued shares. To effect the business combination, Entity A will issue 2 new shares for each of the 3,000 total outstanding shares of Entity B. Entity A's shares have fair value of P100 per share, while Entity B's shares have fair value of P300 per share. Entity A's net identifiable assets have a fair value of 9260,000 as at the acquisition date. . How much is the goodwill

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!

What is the relevant cash element above the significant policy Urgent!!! pls highlight exactly Significant accounting policy Basis of Consolidation Business Combinations The consolidated financial...

What is the relevant cash element above the significant policy pls highlight exactly SIGNIFICANT ACCOUNTING POLICIES Basis of Consolidation Business Combinations The consolidated financial statements...

SIGNIFICANT ACCOUNTING POLICIES Basis of Consolidation Business Combinations The consolidated financial statements comprise the financial statements of the Company and its subsidiary company as at...

Need question E15-28 within this pdf document answered please. 2015 Cambridge Business Publishers | For the Personal Use of Amanda Rosena. Explain company valuation using market multiples based on...

Good day. I really have to answer those questions. professor left this questions, and he announce the dead line will be on sep 18. please help me. Thank you so much. one more thing, if you can please...

Hi could you please help me with Question 5? My studies are in Australia UNIT CODE: ACT503 UNIT NAME: CORPORATE ACCOUNTING Assignment Information Semester Two 2017 Assessment 30% Maximum Marks: 100...

NOTE: THERE ARE INFORMATION NEEDED, REFER TO THE 2020 ANNUAL REPORT OF WALT DISNEY 1. WHAT IS THE DEFINITION OF LIABILITIES? A. EVEN THOUGH THEY ARE NOT RECORDED AS LIABILITIES, DO THESE OPERATING...

Need help with consolidation questions. Question 1 -Non-Controlling Interest Question 2 - Controlling entries Please read the notes and marking guide for instructions on how to answer. Prescribed...

Please help me with this question question 28 February 2009 ASSIGNMENT 01 (continued) Middy Garden Services provides you with the following information 2 Machinery 60 000 Bank 250 000 Vehicles 100...

For the fiscal year, sales were $8,135,000, sales discounts were $795,000, sales returns and allowances were $475,000, and the cost of merchandise sold was $5,100,000. a. What was the amount of net...

Given the network shown, compute the line currents and the magnitude of the phase voltage at the load. 0.4 30.8 8 2084-220 8 8 6 A 0.4 2084-100 Vrms 0.4 /0.8

he compensation associated with restricted stock units ( RSUs ) under a stock award plan is: Multiple Choice Allocated to expense over the service period which usually is the vesting period.

Hypothesis Testing of a Single Mean LCTCS Tuition: Louisiana Community And Technical College System consist of 2 community colleges across the state. I think RPCC's tuition and fees is lower than the...

Identify the elements that make up the employee reward package.

Understand the purpose, value and drawbacks of the interview.

Understand the importance of using reward in a strategic role and the concept of Total Reward.