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The Kraft Heinz Company, for the fiscal year ended December 3 1 , 2 0 2 2 all questions pertain to as of or at
The Kraft Heinz Company, for the fiscal year ended December all questions pertain to as of or at December
Referring to the Note on Acquisitions and Divestitures:
a List the two acquisitions initiated in by name only, including their dates.
b Using the figures in the "Updated Allocation" columns, recreate a summary journal
entry for each of the two acquisitions. Each journal entry will use four
accounts:
i Use "Net Assets" for the net assets acquired in total
ii Use to represent the noncontrolling interest an equity
account
iii. Use "Goodwill" for the amount of goodwill acquired
iv Use "Cash" for the total amount paid for the acquisition
Acquisition : include name here
Acquisition : include name here
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