Business, 25.02.2020 04:25, christhegreat1

Dish Corporation acquired 100 percent of the common stock of Toll Company by issuing 10,000 shares of $10 par common stock with a market value of $60 per share. Summarized balance sheet data for the two companies immediately preceding the acquisition are as follows: Dish Corp Toll Co. Book Value Fair Value Book Value Fair Value Total Assets $1,200,000 $1,500,000 $900,000 $1,300,000 Total Liabilities $800,000 $700,000 $600,000 $750,000 Total Stockholders' Equity 400,000 $300,000 $1,200,000 $900,000 Required: Determine the dollar amounts to be presented in the consolidated balance sheet for (1) total assets, (2) total liabilities, and (3) total stockholders' equity. How do I calculate goodwill to determine the dollar amounts for total assets.

How do I find/calculate the goodwill required to answer (1) dollar amount for total assets

Answers: 2

Show answers

Other questions on the subject: Business

Business, 22.06.2019 11:30, kaylabethany

Mai and chuck have been divorced since 2012. they have three boys, ages 6, 8, and 10. all of the boys live with mai and she receives child support from chuck. mai and chuck both work and the boys need child care before and after school. te boys attend the fun house day care center and mai paid them $2,000 and chuck paid them $3,000. mai's agi is $18,000 and chuck's is $29,000. mai will claim two of the boys as dependents. she signed form 8332 which allows chuck to claim one of the boys. who can take the child and dependent care credit?

Answers: 3

continue

Business, 22.06.2019 12:50, 20170020

Kyle and alyssa paid $1,000 and $4,000 in qualifying expenses for their two daughters jane and jill, respectively, to attend the university of california. jane is a sophomore and jill is a freshman. kyle and alyssa's agi is $135,000 and they file a joint return. what is their allowable american opportunity tax credit after the credit phase-out based on agi is taken into account?

Answers: 1

continue

Business, 22.06.2019 20:30, allakhalilpea0zc

Caleb construction (cc) incurs supervisor salaries expense in the construction of homes. if cc manufactures 100 homes in a year, fixed supervisor salaries will be $400,000. with the current construction supervisors, cc's productive capacity is 150 homes in a year. however, if cc is contracts to build more than 150 homes per year, it will need to hire additional supervisors, which are hired as full-time rather than temporary employees. cc's productive capacity would then become 200 homes per year, and salaries expense would increase to $470,000. how would cc’s salaries expense be properly classified? fixed variable mixed stepped curvilinear

Answers: 3

continue

Business, 22.06.2019 21:50, Chloe0095

Which of the following best describes the economic effect that results from the government having a budget surplus? a. consumers save more and spend less, enabling long-term financial planning. b. overall demand decreases, reducing the incentive for producers to increase production. c. banks have more deposits, enabling them to make more loans to investors. d. government spending increases, increasing competition for goods and services and driving prices up.

Answers: 3

continue

Do you know the correct answer?

Dish Corporation acquired 100 percent of the common stock of Toll Company by issuing 10,000 shares o...