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I need the answer Question 20 Not yet answered Marked out of 1.00 P Flag question On 1/1/2020 Company A acquired the net assets of

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Question 20 Not yet answered Marked out of 1.00 P Flag question On 1/1/2020 Company A acquired the net assets of Company B for a price of 298,000 JD, the fair value of net assets of company B is 180,000 JD. On 1/1/2021 the fair value of unit is 560,000 JD carrying value of net assets (excluding goodwill) 480,000 JD fair value of net assets 460,000 JD. Compute impairment loss. Select one: a. 12000 b. 14000 c. 16000 d. 18000 Question 7 Not yet answered Marked out of 1.00 P Flag question Pedro Co. is planning to acquire the net assets of Seth Co. To compute price for acquisition Pedro Co. maid the following assumptions: FV assets: 18,400,000 JD, FV liabilities: 14,000,000 JD, future earnings 720,000 JD, ROA: 15%, discount rate 25%. Compute price for acquisition. Select one: a. 4,520,000 b. 4,560,000 c. 4,600,000 d. 4,640,000

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