User Account

All Pages

What is amount of the goodwill to be recognised by Anne Ltd

Assignment Help Accounting Basics
Reference no: EM132626563

Question - Anne Ltd acquired the net assets and contingent liabilities of Rebel Ltd for a purchase consideration of $120000. Rebel Ltd had total assets of $168000 and total liabilities of $60000 (measured at fair value), it also faced a lawsuit in which the plaintiffs demanded compensation of $80000. It was estimated that Rebel Ltd had a 70% chance of winning the lawsuit (in which case it would not have to pay the compensation). What is the amount of the goodwill to be recognised by Anne Ltd?

Reference no: EM132626563

Questions Cloud

What defines public health as concept : What defines public health as a concept, as well as a healthcare system operating in this country?
Explain the main components of the disorder : Choose one of the many communication disorders from the chapter and explain the main components of this disorder under the correct broad heading.
Essay for edu20014 social and emotional learning : Describe challenging behaviours and how theories of social and emotional development can support students with challenging behaviours
Influence on the development of an individual : How does the Biopsychosocial framework explain its influence on the development of an individual?
What is amount of the goodwill to be recognised by Anne Ltd : Anne Ltd acquired net assets and contingent liabilities of Rebel Ltd for a purchase consideration of $120000. What is amount of the goodwill to be recognised
Recruitment and retention of top performers : The central element of HR management is the recruitment and retention of top performers.
Discuss difference between tax evasion and tax minimization : Discuss the difference between tax evasion and tax minimization. Consider when will the tax office deny a deduction based on a taxpayer's subjective
Evaluate the knowledge of the developmental milestones : Review the Language Acquisition in Early Childhood Education interactive game, which focuses on language developmental stages and cognitive processes.
Identify the child language development stage : We have learned in Chapters 5 and 6 that we are able to understand children's language development stages by observing their processes and interactions.

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