Francisco inc. acquired 100 percent of the voting shares of beltran company on january 1, 2017. in exchange, francisco paid $788,250 in cash and issued 125,000 shares of its own $1 par value common stock. on this date, francisco’s stock had a fair value of $12 per share. the combination is a statutory merger with beltran subsequently dissolved as a legal corporation. beltran’s assets and liabilities are assigned to a new reporting unit. the following reports the fair values for the beltran reporting unit for january 1, 2017, and december 31, 2018, along with their respective book values on december 31, 2018.beltran reporting unit fair values1/1/17 fair values12/31/18 book values12/31/18cash $ 125,500 $ 79,500 $ 79,500 receivables 308,750 348,000 348,000 inventory 264,250 310,000 302,900 patents 623,500 740,000 593,500 customer relationships 674,750 636,000 595,750 equipment (net) 394,500 290,000 282,550 goodwill ? ? 580,000 accounts payable (172,500 ) (260,000 ) (260,000 )long-term liabilities (510,500 ) (412,000 ) (412,000 )a. prepare fransicso's journal entry to record the assets acquired and the liabilities assumed in the beltran merger o 1/1/17.cash receivables inventory patents customer relationships equipment goodwill accounts payable long term liabilities cash common stock apic b. on december 31, 2018, francisco opts to forgo any goodwill impairment qualitative assessment and estimates that the total fair value of the entire beltran reporting unit is $1,851,500. what amount of goodwill impairment, if any, should francisco recognize on its 2018 income statement? goodwill impairment loss
it should be 21.6
yes, estimate. it did not ask for the exact, so you can just give a estimate
Barry buys a DVD for $19.95 and a flash drive for 14.95. He gives the cashier $40. The cashier wants to know how much change to give Barry.
you do not want to be ripped off, neither does the customer
hope this helps
.5 rounds up
ANS is 400
The mean difference is between 799586.3 and 803257.9.
Step-by-step explanation: To estimate the mean difference for confidence interval:
Find the statistic sample:
d = value of 6th - value of 13th;Sample mean of difference: mean = ∑d / nSample standard deviation: s = ∑(d - mean)² / n - 1;
For the traffic count, mean = 1835.8 and s = 1382607.3
The confidence interval is 90%, so:
α = 0.05
The degrees of dreedom are:
df = n - 1
df = 10 - 1
df = 9
Using a t-ditribution table, the t-score for α = 0.05 and df = 9 is: t = 1.833.
Error will be:
E = 1.833.()
E = 801422.1
The interval is: mean - E < μ < E + mean
1835.8 - 801422.1 < μ < 1835.8+801422.1
-799586.3 < μ < 803257.9
The estimate mean difference in trafic count between 6th and 13th using 90% level of confidence is between 799586.3 and 803257.9.
35 🙂 hehe ty. Brainliest?
b. Journal entries
The computation is shown below:
a. The balance of the Allowance for Doubtful Accounts is
= Total account receivable × estimated percentage
= $570,000 × 4.5%
b. The adjusting entry is as follows
Bad Debt Expense $13,650 ($25,650 - $12,000)
To Allowance for Doubtful Accounts $13,650
(Being the bad debt expense is recorded)
c. The adjusting entry is as follows
Bad Debt Expense $26,650 ($25,650 + $1,000)
To Allowance for Doubtful Accounts $26,650
(Being the bad debt expense is recorded)
You want to put it in a regression calculator and add up all the points. (0,5000) , (2,5510) , (5,6390) , (8,7390) , (10,8150). After putting all this in the calculator you should get a formula looking like y = 4999.785(1.05)^x, once you get this add the 12 to the x value and you have your full equation set up as 4999.785(1.05)^12. After adding this all up you get 8978.895521, just round it up and then your all done.
Estimated variable cost per unit is $2.20
high low method separates the fixed cost and variable cost using net of Highest activity level and Lowest activity level and net of their relevant costs.
According to High low method
Variable cost per unit = ( Highest activity cost - Lowest activity cost ) / ( Highest Activity - Lowest activity )
Variable cost per unit = ( $39,390 - $26,410 ) / ( 15,900 - 10,000 )
Variable cost per unit = $12,980 / 5,900
Variable cost per unit = $2.2
There's more than one way in which to check this answer thru estimation. I'd find 6*60 and 6*70 separately, obtaining 360 and 420. It's obvious that Kendra's "390" is between 360 and 420, so it's likely that she's right.
6*65 does indeed equal 390.
In order to estimate the product of 6x65 in my head without writing anything down on paper or running home for my calculator, I close my eyes and I see something like this floating in space in front of me:
[6 · cos(2π)] · e⁰ · [60 · (1Hz/1cps)] = 360 but 65 is a little more than 60 so the product is probably a little more than 360 so 390 could be pretty close.
The answer is 186.546 degrees Celsius.
A scientist records a temperature of 234. 556 Celsius in an experiment. The temperature falls 48.01 Celsius. What was the temperature after it fell.
I subtracted 234.556 - 48.01, to get 186.546.
Hope this helps.