subject
Business, 17.09.2019 21:00 laylalucifer

On june 30, 2017, wisconsin, inc., issued $200,200 in debt and 19,300 new shares of its $10 par value stock to badger company owners in exchange for all of the outstanding shares of that company. wisconsin shares had a fair value of $40 per share. prior to the combination, the financial statements for wisconsin and badger for the six-month period ending june 30, 2017, were as follows: wisconsin badger revenues $ (1,050,000) $ (402,000) expenses 732,000 293,000 net income $ (318,000) $ (109,000) retained earnings, 1/1 $ (810,000) $ (223,000) net income (318,000) (109,000) dividends declared 103,000 0 retained earnings, 6/30 $ (1,025,000) $ (332,000) cash $ 72,000 $ 86,000 receivables and inventory 460,000 252,000 patented technology (net) 928,000 328,000 equipment (net) 726,000 648,000 total assets $ 2,186,000 $ 1,314,000 liabilities $ (531,000) $ (512,000) common stock (360,000 ) (200,000) additional paid-in capital (270,000) (270,000) retained earnings (1,025,000) (332,000) total liabilities and equities $ (2,186,000) $ (1,314,000) note: parentheses indicate a credit balance. wisconsin also paid $36,200 to a broker for arranging the transaction. in addition, wisconsin paid $47,800 in stock issuance costs. badger’s equipment was actually worth $780,000, but its patented technology was valued at only $299,200.what are the consolidated balances for the following accounts? (input all amounts as positive ) net income (b) retained earnings 1/1/15 (c) patented technology (d) goodwill(e) liabilities (f) common stock(g) additional paid-in capital

ansver
Answers: 3

Another question on Business

question
Business, 21.06.2019 13:50
Dodd corporation uses the weighted-average method in its process costing system. this month, the beginning inventory in the first processing department consisted of 400 units. the costs and percentage completion of these units in beginning inventory were:
Answers: 1
question
Business, 21.06.2019 15:00
Asap ! 1. evaluate the following and simplify if possible when pie = 22 11/pie = 2. evaluate the following and simplify if possible when pie = 11 and y = 5 pie/12 - y/12 = 3. evaluate the following and simplify if possible when pie = 5 : 3/pie + 2/ pie = 4. evaluate the following and simplify if possible when pie = 5 : 3/pie + 2/pie = 5. evaluate the following and simplify if possible when pie = 6 and y = 10: x/y = 6. evaluate the following and simplify if possible when pie = 6: pie/9 7. evaluate the following and simplify if possible when pie = 5 and y = 20: pie/y = 8. evaluate the following and simplify if possible when pie = 4 and y = 24: pie/y = 9. evaluate the following and simplify if possible when pie = 6 5/pie = 10. evaluate the following and simplify if possible when pie = 21 4/7 + 2/pie = 11. evaluate the following and simplify if possible when pie = 3 and y = 1 pie/10 + y/5 = 12.evaluate the following and simplify if possible when pie = 8 pie/10 =
Answers: 1
question
Business, 22.06.2019 12:10
Compute the cost of not taking the following cash discounts. (use a 360-day year. do not round intermediate calculations. input your final answers as a percent rounded to 2 decimal places.)
Answers: 1
question
Business, 22.06.2019 19:10
Coca-cola was primarily known for its core competencies in marketing, bottling, and distributing aerated drinks. however, with the success of gatorade, coca-cola developed competencies in the development and marketing of its own sports drink, powerade. which of the following is true of coca-cola? a. it is leveraging existing core competencies to improve current market position. b. it is building new core competencies to protect and extend its current market position. c. it is redeploying and recombining existing core competencies to compete in markets of the future. d. it is targeting the chasm between the early adopter and early majority market segment.
Answers: 1
You know the right answer?
On june 30, 2017, wisconsin, inc., issued $200,200 in debt and 19,300 new shares of its $10 par valu...
Questions
question
Mathematics, 03.06.2020 06:57
Questions on the website: 13722367