subject
Business, 18.11.2019 19:31 tatielder4896

Elizabeth pie company has been in business for 50 years and has developed a large group of loyal restaurant customers. giant bakery inc. has made an offer to buy elizabeth pie company for $5,000,000. the book value of elizabeth pie’s recorded assets and liabilities on the date of the offer is $4,300,000 with a fair value of $4,500,000. elizabeth pie also (1) holds a patent for a pie crust fluting machine that the company invented (the patent with a fair value of $300,000 was never recorded by elizabeth pie because it was developed internally) and (2) estimates goodwill from loyal customers to be $310,000 (also never recorded by the company). if elizabeth pie company management accepts giant bakery's offer of $5,000,000, compute the amount of goodwill that giant bakery should record on the date of the purchase.

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 01:50
You are an employee of an u.s. firm that produces personal computers in thailand and then exports them to the united states and other countries for sale. the personal computers were originally produced in thailand to take advantage of relatively low labor costs and a skilled workforce. other possible locations considered at that time were malaysia and hong kong. the u.s. government decides to impose punitive 100% ad valorem tariffs on imports of computers from thailand to punish the country for administrative trade barriers that restrict u.s. exports to thailand. how do you think your firm should respond? what does this tell you about the use of targeted trade barriers?
Answers: 3
question
Business, 22.06.2019 03:30
In return for their with optimizing his painting project, the castle servant informed poly and digit that he saw someone dressed as the king leaving behind a trail of crumbs as he walked into the jester's room late last night. poly and digit have finally found the crisp-collecting culprit — it turns out the jester's shoe size and hair color match the clues that were found! in gratitude, poly and digit agree to the servant with his current task of replacing all of the tables and chairs in the castle. his goal is to determine which furniture company should produce the new furniture. he receives information from a company that customizes elegant furniture, and he wants to analyze the company's production process in order to calculate some problems about cost and availability. read the following scenario, and assist poly and digit as they the servant with his calculations. the fit for a king furniture company requires 2020 hours of labor to produce a standard table, and a chair requires 1212 hours of labor. the labor available is 565565 hours per week. the company can produce at most 3535 chairs per week.
Answers: 1
question
Business, 22.06.2019 10:30
The advertisement demonstrates a popular way companies try to sell a product. what should consumers consider when it comes to the price of this product? it includes shipping and handling costs. it takes into account maintenance costs. it explains why this price is a good deal. it makes the full cost appears lower than it is.
Answers: 1
question
Business, 22.06.2019 10:30
What are the positive environmental trends seen today? many industries are taking measures to reduce the use( _gold,carbon dioxide,ozone_) of -depleting substances and are turning to(_scarce,renewable,non-recyclable_) energy sources though they may seem expensive. choose one of those 3 option to fill the
Answers: 3
You know the right answer?
Elizabeth pie company has been in business for 50 years and has developed a large group of loyal res...
Questions
question
Biology, 16.02.2022 02:10
question
Mathematics, 16.02.2022 02:10
question
English, 16.02.2022 02:10
Questions on the website: 13722363