Check out some similar questions!
Perch Co. Acquired 80% of the common stock of Float Corp. For $1,600,000. The fair ma
[ 2 Answers ]
Perch Co. acquired 80% of the common stock of Float Corp. for $1,600,000. The fair market value of Float's net assets was $1,850,000, and the book value was $1,500,000. What amount of Goodwill should have been recognized according to the Economic Unit Concept?
Equipment exchange
[ 1 Answers ]
Sumo company exchange an equipment with a apprasied value of $1755000, a recorded cost of $2700000 and accumulated depreciation of $1350000 with King company for king equipment. King equipment has an appraised value of $1695000, a recorded cost of $3240000 and accumulated of $1782000.King give sumo...
Logan corporation had total variable cost for $180,000, total fixed cost for $160,000
[ 1 Answers ]
logan Corp. had total variable cost of $180,000, total fixed cost of $160,000 and a total revenues of $300,000. Compute the required sales in dollars to break even.
Acquired Land
[ 1 Answers ]
A company acquired land an attached building for $600,000 on 7/1/08. The appraised value of these two assets is $250,000 for the land and $500,000 for the building. Based on the appraisal, how much of the $600,000 cost should the company allocate to the land? I got $200,000 for the land, can... View more questions Search
Add your answer here.
|