Entries by mary WAMBUGU

B Company purchased A company for %1,000,000. A company had assets with fair value $900,000, and liabilities with a fair value of $500,000. what is the dollar value of goodwill?

 B Company purchased A company for %1,000,000. A company had assets with fair value $900,000, and liabilities with a fair value of $500,000. what is the dollar value of goodwill?   Looking for a Similar Assignment? Order now and Get 10% Discount! Use Coupon Code “Newclient”

 

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January 1 2017 A Company purchased 8000 shares of stock of B Company, and did not obtain significant influence.

January 1 2017 A Company purchased 8000 shares of stock of B Company, and did not obtain significant influence. The investment is intended as a long term investment. Stock was purchased for $18 per share, and represents a !0% ownership stake. B Company made $240,000 of net income in 2017 and paid dividends to A Company of […]

 

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January 2 2018, A Company purchased 9,000 shares of stock of B Company and did obtain significant influence.

January 2 2018, A Company purchased 9,000 shares of stock of B Company and did obtain significant influence. Investment intended as long-term investment. Stock purchased for $15 per share and represents a 30% ownership stake. B Company made $400,000 of net income in 2018 paid dividends o A Company of $15,000 on December 15 2018. […]

 

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A Company signed a $150,000 mortgage on July 1 2018 for the purchase of their new garage building. Mortgage entailed equal monthly payments of $2,000 at the end of each month.

A Company signed a $150,000 mortgage on July 1 2018 for the purchase of their new garage building. Mortgage entailed equal monthly payments of $2,000 at the end of each month. Interest rate is 3.5% per year. How much interest expense will be paid on August 31, 2018?   Looking for a Similar Assignment? Order […]

 

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