User Account

All Pages

How much should Happee report as goodwill on its December

Assignment Help Accounting Basics
Reference no: EM132598836

Question - On June 30, 2020, Happee Inc. purchased goodwill of P125,000 when it acquired the net assets of Beam Corp. During 2020, Happee incurred additional cost of developing the goodwill, by training Beam employees (P50,000) and hiring additional Beam employees (P25,000). How much should Happee report as goodwill on its December 31, 2020 Financial Position?

Reference no: EM132598836

Questions Cloud

How do solve for company break-even point in sales dollars : Sampson Products distributes a single product, Solve for the company's break-even point in sales dollars using the equation method and the CM ratio.
Explain the purpose of incubating the nitrocellulose : 1. Explain the purpose of incubating the nitrocellulose filter (NCF) in 5% (w/v) defatted milk powder in PBS/Tween before applying the primary antibody.
What are the positive social change : Your vision. Our mission. Together, we can build healthy communities through positive social change. Before you begin to pursue your Master of Public Health.
Solve for dollar sale that required to earn a target profit : Using the formula method, solve for the dollar sales that are required to earn a target profit of $8,000. The company's monthly fixed expense is $40,000.
How much should Happee report as goodwill on its December : On June 30, 2020, Happee Inc. purchased goodwill of P125,000, How much should Happee report as goodwill on its December 31, 2020 Financial Position
Determine the balance of work in progress : The cost of materials transferred into the Bottling Department of Mountain, Determine the balance of Work in Progress - Bottling at the end of the period?
Discuss the categories of threats : Question - Discuss the categories of threats and related safeguards in each of the following situations
What you have learned from queen latifah laws of confidence : Explain how to use what you've learned from Queen Latifah's Laws of Confidence to cultivate confidence in someone else. The response must be typed.
Solve for unit sales that are required to earn target profit : Sehgal Corporation has a single product, Using the equation method, solve for the unit sales that are required to earn a target profit of $6,000.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +91-977-207-8620

Phone: +91-977-207-8620

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd