Business, 21.02.2020 18:29 ian2006huang
Pilgrim has acquired several other companies. Assume that Princeton purchased Kit for $ 7 comma 000 comma 000 cash. The book value of Kit's assets is $ 14 comma 000 comma 000 ?(market value, $ 17 comma 000 comma 000?), and it has liabilities of $ 16 comma 000 comma 000 ?(market value, $ 16 comma 000 comma 000?). Requirements 1. Compute the cost of goodwill purchased by Princeton. 2. Record the purchase of Kit by Princeton. Requirement 1. Compute the cost of goodwill purchased by Princeton. Purchase price to acquire Kit Market value of Kit's assets Less: Market value of Kit's liabilities Less: Market value of Kit's net assets Goodwill Requirement 2. Record the purchase of Kit by Princeton?, Inc. ?(Record debits? first, then credits. Select the explanation on the last line of the journal entry? table.) Date Accounts and Explanation Debit Credit
Answers: 1
Business, 22.06.2019 11:00
You decide to invest in a portfolio consisting of 25 percent stock a, 25 percent stock b, and the remainder in stock c. based on the following information, what is the expected return of your portfolio? state of economy probability of state return if state occurs of economy stock a stock b stock c recession .16 - 16.4 % - 2.7 % - 21.6 % normal .55 12.6 % 7.3 % 15.9 % boom .29 26.2 % 14.6 % 30.5 %
Answers: 1
Business, 22.06.2019 19:10
After the price floor is instituted, the chairman of productions office buys up any barrels of gosum berries that the producers are not able to sell. with the price floor, the producers sell 300 barrels per month to consumers, but the producers, at this high price floor, produce 700 barrels per month. how much producer surplus is created with the price floor? show your calculations.
Answers: 2
Business, 23.06.2019 02:30
The wall street journal reported that over a recent five-month period, a downturn in the economy has caused endowments to decline 23%. what is the estimate of the dollar amount of the decline in the total endowments held by these 10 universities (to the nearest billion)?
Answers: 3
Pilgrim has acquired several other companies. Assume that Princeton purchased Kit for $ 7 comma 000...
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