Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Aug 21, 2024

FFF acquired all shares and half of the loan stock in STP whose net assets were revalued by 120,000 from 340,000 at the time. Goodwill

FFF acquired all shares and half of the loan stock in STP whose net assets were revalued by 120,000 from 340,000 at the time. Goodwill arising was 24,000, and leverage in KLM was 25%. Calculate the investment in STP in FFFs books

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Inside Company Valuation

Authors: Angelo Corelli

1st Edition

3319537822, 9783319537825

More Books

Students also viewed these Finance questions

Question

★★★★★

Given the capacitors in Figure 5.54 are C1=2.0uF with a tolerance of 2% and C2=2.0uF with a tolerance of 20%, find a) the nominal value of CEQ b) the minimum and maximum possible values of CEQ c) the...

Answered: 1 week ago

Question

★★★★★

Use Eulers method to approximate the indicated function value to 3 decimal places, using h = 0.1. dy dx = e +e; y(1) = 1; find y(1.5)

Answered: 1 week ago

Question

★★★★★

According to Bradley-Johnson and Cook (2014) in their Best Practices in School-Based Services for Students With Visual Impairments chapter, schools must be aware of and respond to various potential...

Answered: 1 week ago

Question

★★★★★

Baseballs World Series is a maximum of seven games, with the winner being the first team to win four games. Assume that the Atlanta Braves are in the World Series and that the first two games are to...

Answered: 1 week ago

Question

★★★★★

The Central Valley Company is a manufacturing firm that produces and sells a single product. The company's revenues and expenses for the last four months are given below. Central Valley Company...

Answered: 1 week ago

Question

★★★★★

what is the descriptive statistic in this article "Childbirth Is Deadlier for Black Families Even When They're Rich, Expansive Study Finds

Answered: 1 week ago

Question

★★★★★

calculate in detailed pls The following information relates to the banking transactions of R Brown for the month of March Year 4: CASH BOOK (Bank columns only) 2 69 Year 4 Mar 1 Balance b/d 2,370 3...

Answered: 1 week ago

Question

★★★★★

On January 2, 2018, Baltimore Company purchased 10,000 shares of the stock of Towson Company at $14 per share.Baltimore did NOT obtain significant influence as the purchase represents a 5% ownership...

Answered: 1 week ago

Question

★★★★★

Business and Management Due to the rise of other nations, the nature of competition between global companies has changed. Explain giving examples especially of America, India,China, united states

Answered: 1 week ago

Question

★★★★★

Fastnar is a large European industrial supplies company with a market capitalization of 17 billion. During the COVID-19 pandemic, Fastnar's supply chain experienced significant stress, leading to the...

Answered: 1 week ago

Question

★★★★★

Choose the five most important variances that do not meet the expected range and explain the auditing strategies and techniques (i.e., sampling or testing) you would use to determine why. Essay...

Answered: 1 week ago

Question

★★★★★

What sorts of skills and knowledge do you think computer-based training methods (such as computer-aided instruction) are well suited for? Poorly suited for?

Answered: 1 week ago

Question

★★★★★

What are the advantages of designing an HRD program in-house versus purchasing programs from vendors?

Answered: 1 week ago

Question

★★★★★

A common stereotype about older workers is that they find learning difficult. Does research from the field of gerontology support or disprove this stereotype? Explain. What two findings or...

Answered: 1 week ago

Previous Question Next Question