Business, 18.11.2019 22:31 vale343

Shamrock company owns a trade name that was purchased in an acquisition of mcclellan company. the trade name has a book value of $3,500,000, but according to gaap, it is assessed for impairment on an annual basis. to perform this impairment test, shamrock must estimate the fair value of the trade name. it has developed the following cash flow estimates related to the trade name based on internal information. each cash flow estimate reflects shamrock’s estimate of annual cash flows over the next 10 years. the trade name is assumed to have no salvage value after the 10 years. (assume the cash flows occur at the end of each year.)cash flow estimate probability assessment$374,100 20%631,400 50%759,600 30%click here to view factor tables(a) what is the estimated fair value of the trade name?

Answers: 3

Show answers

Another question on Business

Business, 21.06.2019 14:00

Njuly, noel & vang company purchased materials costing $23,100 and incurred direct labor cost of $19,800. manufacturing overhead totaled $35,200 for the month. information on inventories was as follows: july 1 july 31 materials $6,820 $7,810 work in process 770 1,320 finished goods 3,630 2,970 what was the cost of goods sold for july? a. $71,300 b. $71,100 c. $69,600 d. $77,220

Answers: 3

Answer

Business, 21.06.2019 22:40

wilson's has 10,000 shares of common stock outstanding at a market price of $35 a share. the firm also has a bond issue outstanding with a total face value of $250,000 which is selling for 102 percent of face value. the cost of equity is 11 percent while the preminustax cost of debt is 8 percent. the firm has a beta of 1.1 and a tax rate of 34 percent. what is wilson's weighted average cost of capital?

Answers: 3

Answer

Business, 22.06.2019 14:30

Bridge building company estimates that it will incur $1,200,000 in overhead costs for the year. additionally, the company estimates 50,000 direct labor hours will be spent building custom walking bridges for the year at a total direct labor cost of $600,000. what is the predetermined overhead rate for bridge building company if direct labor costs are to be used as an allocation base?

Answers: 3

Answer

Business, 22.06.2019 16:00

Advanced enterprises reports year-end information from 2018 as follows: sales (160,250 units) $968,000 cost of goods sold 641,000 gross margin 327,000 operating expenses 263,000 operating income $64,000 advanced is developing the 2019 budget. in 2019 the company would like to increase selling prices by 14.5%, and as a result expects a decrease in sales volume of 9%. all other operating expenses are expected to remain constant. assume that cost of goods sold is a variable cost and that operating expenses are a fixed cost. should advanced increase the selling price in 2019?

Answers: 3

Answer

You know the right answer?

Shamrock company owns a trade name that was purchased in an acquisition of mcclellan company. the tr...

Questions