Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jul 17, 2024

In presenting the statement of financial position of acquired company, we present the book and fair values of assets and liabilities, but we did not

In presenting the statement of financial position of acquired company, we present the book and fair values of assets and liabilities, but we did not present the fair value of acquired company equity. Explain the reason?

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

A One Year Accounting Course

Authors: Trevor Gambling

21st Edition

0080130275, 9780080130279

More Books

Students also viewed these Accounting questions

Question

★★★★★

Concur Technologies, Inc., is a large expense-management company located in Redmond, Washington. The Wall Street Journal asked Concur to examine the data from 8.3 million expense reports to provide...

Answered: 1 week ago

Question

★★★★★

How would you answer the questions posed in the following: I have frequent conflict with my friends and spouse; is there something wrong with me? I just ignore conflicts whenever they come up; is...

Answered: 1 week ago

Question

★★★★★

What are the null and alternative hypotheses in the ????-test summarized in the ANOV table?

Answered: 1 week ago

Question

★★★★★

Classify the following types of firms as either manufacturing or service. Explain the reasons for your choice in terms of the four features of service firms (heterogeneity, inseparability,...

Answered: 1 week ago

Question

★★★★★

4-22. BALANCE SHEET ANALYSIS Complete the balance sheet and sales information using the following financial data: Total assets turnover: 1.5x Days sales outstanding:36.5 days Inventory turnover...

Answered: 1 week ago

Question

★★★★★

17) JK Company produces two products, Plush and Supreme. JK Company can sell all of the units it can produce for both products, but it has limited production capacity. Machine hours per unit are 0.25...

Answered: 1 week ago

Question

★★★★★

The rise of e-commerce and aircargo (2015- present) and movetowards a sustainable futurewrite INTRODUCTION (500 words) Air cargo E-commerce Relationship between air cargoand E-commerce Sustainability...

Answered: 1 week ago

Question

★★★★★

Capital Weightings and WACC Calculation The market values of KO's common stock and preferred stock are $211,296 million and $101 million, respectively. Coca-Cola has total debt outstanding with a...

Answered: 1 week ago

Question

★★★★★

(12 points) 4. The demand and supply for the cleaning and grooming of a pet are given for two prices Demand Supply Price 680 815 105 780 735 85 a. Find the linear demand equation. b. Find the linear...

Answered: 1 week ago

Question

★★★★★

Mr Satya, age 35,married to Rupanvita, age 33. He is a government employee, and his wife is a marketing manager with private company. He stays in Kolkata, and has a 10-months old son, Ajay. Over the...

Answered: 1 week ago

Question

★★★★★

its an initial dream to be "the destination of choice for Australian job seekers", SEEK was founded in Melbourne, Australia in 1997 by brothers Paul and Andrew Bassat, together with co-founder...

Answered: 1 week ago

Question

★★★★★

=+v3. Determine if they are targeting the same audience.

Answered: 1 week ago

Question

★★★★★

=+1. Compare the copy on both sites. Are they alike or distinctive?

Answered: 1 week ago

Question

★★★★★

=+What kind of clients would work well in this medium?

Answered: 1 week ago

Previous Question Next Question