In addition, acme paid an investment bank $33,800 cash for assistance in arranging the combination. using the legacy purchase method for pre-2009 business combinations, prepare acme’s entry to record its acquisition of brem in its accounting records assuming the following cash amounts of $648,200 and $437,200 were paid to the former owners of brem. how would these journal entries change if the acquisition occurred post-2009 and therefore acme applied the acquisition method?

Over the past several years, joyce chen has been able to save regularly. as a result, today she has $54,188 in savings and investments. she wants to establish her own business in 5 years and feels she will need $100,000 to do so. a. if she can earn 6% on her money, how much will her $54,188 in savings/investments be worth in 5 years? will joyce have the $100,000 she needs? if not, how much more money will she need? b. given your answer to part a, how much will joyce have to save each year over the next 5 years to accumulate the additional money? assume she can earn interest at a rate of 6%. c. if joyce can afford to save only $4,000 a year then, given your answer to part a, will she have the $100,000 she needs to start her own business in 5 years?