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Pam Company acquires the net assets of Jam Company for an agreed-upon price of $900,000 on July 1, 2011. The value is tentatively assigned as follows: Current Assets $100,000 Land $50,000 Equipment $200,000 (5-year life) Building $500,000 (20-year life) Current Liabilities ($150,000) Goodwill $200,000 Values are subject to change during the measurement period. Depreciation is taken to the nearest month. The measurement period expires on July 1, 2012, at which time the fair values of the equipment and building as of the acquisition date are revised to $180,000 and $550,000, respectively. At the end of 2012, what adjustments are needed for the financial statements for the period ending December 31, 2011 and 2012?
Adjusting to $600,000 will add how much to expense for the present year?
Calculating the project's net present value and evaluate each project's net present value
For each cost listed above, show whether it is a direct or indirect cost of the Immunization Center, whether it is indirect or direct cost of immunizing exacting patients.
would we expect to see a difference in the end percentage for direct materials against the completion percentage for conversion costs?
How does this strategy work for them and wre they better off licensing or being aggressive - Since the VP's trust you, they asked you to understand the most they should pay for a license from SohnCo.
What question is the direct format of the statement of cash flows designed to answer and What question is the indirect format of the statement of cash flows designed to answer
Finding the Net cash flow provided by operating activities
Calculation of number of stock outstanding - How many shares of common stock are outstanding and What was the average issue price per share of preferred stock?
Evaluate the amount to be reported as the cost of the land
should be recorded by the coy for its fiscal year ended Dec31, 2008, under each of the three methods? Note the machine will have been used for one-half of its first year of life.
Prepare a statement of revenues and expenses and a statement of changes in net assets.
Prepare a schedule showing the income statement effects for the year ended 31st December, 2012 as a result of the above facts.
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