On 1/1/2020, Sey Mold Corporation acquired 100% of DotDot. Com for $2,000,000 cash. On the date of acquisition, DotDot's net book value was $900,000. DotDot's assets included land that was undervalued by $300,000, a building that was undervalued by $400,000, and equipment that was overvalued by $50,000. The building had a remaining useful life of 8 years and the equipment had a remaining useful life of 4 years. Any excess fair value over consideration transferred is allocated to an undervalued patent and is amortized over 5 years. Determine the amortization expense related to the combination at the year-end date of 12/31/2020.
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Business, 21.06.2019 20:30
Andrew cooper decides to become a part owner of a corporation. as a part owner, he expects to receive a profit as payment because he has assumed the risk of - serious inflation eroding the purchasing power of his investment.- being paid before the suppliers and employees are paid.- losing his home, car, and life savings.- losing the money he has invested in the corporation and not receiving profits.- the company giving all of the profits to local communities
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Business, 21.06.2019 23:30
Highland company produces a lightweight backpack that is popular with college students. standard variable costs relating to a single backpack are given below
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Business, 22.06.2019 21:50
Varto company has 9,400 units of its sole product in inventory that it produced last year at a cost of $23 each. this yearâs model is superior to last yearâs, and the 9,400 units cannot be sold at last yearâs regular selling price of $42 each. varto has two alternatives for these items: (1) they can be sold to a wholesaler for $8 each, or (2) they can be reworked at a cost of $251,100 and then sold for $34 each. prepare an analysis to determine whether varto should sell the products as is or rework them and then sell them.
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Business, 23.06.2019 00:30
Emerson has an associate degree. based on the bar chart below,how will his employment opportunities change from 2008 to 2018
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On 1/1/2020, Sey Mold Corporation acquired 100% of DotDot. Com for $2,000,000 cash. On the date of a...
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