Consolidated Balance Sheet Analysis
Not what you're looking for?
A Inc. acquires 100% of B Inc for $130,000. The book value of B Inc. total equity at the time was $110,000. Assuming that the market value of B Inc's fixed assets exceeded book value by $15,000 and $10,000 of identifiable intangible assets were included as part of the purchase, how much would be reported as goodwill on the initial consolidated balance sheet?
Purchase this Solution
Solution Summary
This solution explains how much would be reported as goodwill on the initial consolidation balance sheet for A Inc.
Solution Preview
The purchase price for 100% is 130,000 and the market value of the ...
Purchase this Solution
Free BrainMass Quizzes
Writing Business Plans
This quiz will test your understanding of how to write good business plans, the usual components of a good plan, purposes, terms, and writing style tips.
Learning Lean
This quiz will help you understand the basic concepts of Lean.
Marketing Management Philosophies Quiz
A test on how well a student understands the basic assumptions of marketers on buyers that will form a basis of their marketing strategies.
Understanding the Accounting Equation
These 10 questions help a new student of accounting to understand the basic premise of accounting and how it is applied to the business world.
SWOT
This quiz will test your understanding of the SWOT analysis, including terms, concepts, uses, advantages, and process.