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Kenzie5755
30.10.2020 •
Business
Assume that on July 1, 2013, a parent company paid $1,891,000 to purchase a 75% interest in a subsidiary's voting common stock. On that date, the fair value of the 25% interest not purchased by the parent company is $625,000. The acquisition-date fair value of the identifiable net assets of the subsidiary is $2,400,000. What is the amount of goodwill assigned to the controlling and noncontrolling interests, respectively, on the acquisition date
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Ответ:
Controlling Interest Goodwill
= Purchase price - Ownership stake in net assets of the subsidiary
= 1,891,000 - (2,400,000 * 75%)
= $91,000
Non-Controlling interest Goodwill
= Fair value of the minority stake - Ownership stake in net assets of subsidairy
= 625,000 - (2,400,000 * 25%)
= $25,000
Ответ:
$261,900
Explanation:
Preparation of a statement of stockholders' equity
Statement of stockholders' equity:
Beginning balance Jan1 $200,000
($151,000+$51,000)
Add Issuance of common stock $41,000
Add Net income $31,000
Less Dividend ($10,100)
Statement of stockholders' equity $261,900
Therefore the stockholders' equity will be $261,900