Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

nunber 15 and 17 please QUESTION 15 When a parent company acquires less than 100 of a subulary. the acquisition date fair value of the

image text in transcribed
nunber 15 and 17 please
QUESTION 15 When a parent company acquires less than 100 of a subulary. the acquisition date fair value of the subsidiary may be determined by all of the following Market price times shares outstanding Control premium shares price times shares acquired plus market price me coming shares outstanding Implied value All of the included answers are correct QUESTION 16 Porch acquired of the common stock of Float Corp. for $1,600,000. The Par value of Floats nesses was $1,350,000, and the book value was 1.500.000. The noncontrolling interest shares of Float Corp. are not actively traded. What is the total amount of goodwill recognized at the date of acquisition $150,000 $250.000 Os $120,000 None of the included answers QUESTION 17 in an acquisition when less than 100% of the investee is acquired, a control premium is Ona per share basis, when the invester pays less than the market price of the investee's shares On a per share basis, when the invester pays more than the market price of the investee's shares None of the induded answers

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

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

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

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

Get Started

Students also viewed these Accounting questions

Question

Which of these programs would produce the output 1 3 test?

Answered: 1 week ago