subject
Mathematics, 27.07.2021 06:20 emokid7822

Flynn acquires 100 percent of the outstanding voting shares of Macek Company on January 1, 2021. To obtain these shares, Flynn pays $400 cash (in thousands) and issues 10,000 shares of $20 par value common stock on this date. Flynn's stock had a fair value of $36 per share on that date. Flynn also pays $15 (in thousands) to a local investment firm for arranging the acquisition. An additional $10 (in thousands) was paid by Flynn in stock issuance costs. The book values for both Flynn and Macek immediately preceding the acquisition follow. The fair value of each of Flynn and Macek accounts is also included. In addition, Macek holds a fully amortized trademark that still retains a $40 (in thousands) value. The figures below are in thousands. Any related question also is in

thousands.

What amount will be reported for consolidated long-term liabilities?

ansver
Answers: 3

Another question on Mathematics

question
Mathematics, 21.06.2019 13:20
Given f(x) = 10x + 4 and g(x) = 3x - 8, what is f(x) + g(x) ? - 7x - 4 - 13x + 4 - 7x + 4 - 13x - 4
Answers: 2
question
Mathematics, 21.06.2019 16:00
What is the quadric regression equation that fits these data
Answers: 1
question
Mathematics, 21.06.2019 18:50
If x = -2, then x 2-7x+10 equals a. 0 b.20 c.28
Answers: 1
question
Mathematics, 22.06.2019 01:40
Five infinity stones cost $16.80. what is the price per infinity stone ?
Answers: 3
You know the right answer?
Flynn acquires 100 percent of the outstanding voting shares of Macek Company on January 1, 2021. To...
Questions
question
Mathematics, 22.10.2020 04:01
question
Biology, 22.10.2020 04:01
question
Mathematics, 22.10.2020 04:01
question
English, 22.10.2020 04:01
Questions on the website: 13722361