What is the Excess Purchase Price based on the following information? Cash consideration = 250,000 Stock consideration

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

Question:

What is the Excess Purchase Price based on the following information? Cash consideration = 250,000 Stock consideration = 100,000 Total assets = 600,000 Total liabilities = 520,000 Existing goodwill = 70,000 Fair value adjustments for identifiable assets = 8,000

Posted Date: May 08, 2024 02:33 AM

See More Questions

The Crazy Eddie fraud may appear smaller and gentler than the massive billion-dollar frauds exposed in recent times, such as Bernie Madoffs Ponzi scheme, frauds in the subprime mortgage market, the...
On 1/1/2018, Able acquires 15 percent of Bakers outstanding common stock at the market price for $50,000. On that date, Able accounts for this investment using the fair value method. On 1/1/2019,...
Read the case study "Southwest Airlines," found in Part 2 of your textbook. Review the "Guide to Case Analysis" found on pp. CA1 - CA11 of your textbook. (This guide follows the last case in the...
There are different types of non-probability sampling methods. Below are examples of such methods. You are required to go through them and (for each example); a. Name the Sample Method b. Write a not...
Unanticipated deflation also produces serious social costs. For each of the following, describe the deflation and analyze the associated costs: a. During the Great Depression, prices of major crops...
Sources of equal strength m are placed at the four symmetric positions (a, a), (a, a), (a, a), and (a, a). Sketch the streamline and potential-line patterns. Do any plane walls appear? wall Im wall...
A paint company collected data on the lifetime (in years) of its paint in eleven United States cities. The data are in the following table. a. Let y represent paint lifetime, x1 represent January...
Kaelea, Inc., has no debt outstanding and a total market value of $70,000. Earnings before interest and taxes, EBIT, are projected to be $6,000 if economic conditions are normal. If there is strong...
1. For purposes of the Child Tax Credit, can Lisa claim as her dependent her son who is 15 years old, a US citizen, lived with Lisa for 12 months of the year, and Lisa paid \\\$ 100 \\\\% \\\$ of...
Using the artcle below, how can the Business Relationship Manager role assist with change management in an organization? How might change management activities align with the drivers of relationship...
What are the four functions of CM?
What is the objective of OT&E?
Does the Agile Development Method prescribe a specific Development Model? If so, which one(s)?
What is a configuration baseline?
Based on your previous project experience, what are some of the chronic quality-related issues that you had to deal with and what were the steps taken to resolve them?
1) Materiality at the account balance level is stated in planning an audit, because A. the opinion on the fairness of the financial statements extends to the individual account balances. B. Some...
Determine by direct integration the values of x for the two volumes obtained by passing a vertical cutting plane through the given shape of Fig. 5.21. The cutting plane is parallel to the base of the...
Your client is BigC Ltd, a large private firm with offices in all major cities of the UK. BigC specialises in selling concentrated fruit juices to UK and overseas buyers. This is the first year your...
What are the major files and printed outputs of computer activities for processing purchase transactions?
Discuss why the principal risk associated with the audit of purchases and creditors is understatement.

What is the Excess Purchase Price based on the following information? Cash consideration = 250,000 Stock consideration

Question:

Expert Answer:

Answer To calculate the excess purchase price we need to determine the fair value of the n... View the full answer

Students also viewed these finance questions