In addition to the above, an independent appraiser deemed that DEF456 Inc. had trademarks with a fair market value of $100,000 which had not been accounted for. In turn, ABC123's fair market values were equal to their book values with the exception of the Company's Inventory and Plant and Equipment, which were said to have Fair Market Values of $30,000 and $480,000, respectively.
Based on the information provided:
a) Calculate the amount of Goodwill arising from this combination.
b) Prepare the journal entry to record ABC123's acquisition of DEF456's shares.
c) Prepare ABC123's Consolidated Balance Sheet immediately following its
acquisition of DEF123's voting shares.
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Savannah leads a task force charged with restructuring the order-processing system in the organization. The task force is composed of her peers over whom she has little control, and some of whom do not seem to respect her. According to the contingency model, Savannah should adopt a(n) ___________ leadership style.
A. employee-centered B. task-oriented C. relationship-oriented D. participatory E. initiating structure
An agent must obey all instructions of the principal
a. True b. False Indicate whether the statement is true or false
The Supplies Expense account is a temporary account
Indicate whether the statement is true or false
_____ are also sometimes called activity ratios.
A. Asset management ratios B. Capital budgeting ratios C. Leverage ratios D. Profitability ratios