BE 10.06 – Pro-Tech Software
Intermediate Accounting
Spiceland, Nelson, and Thomas
10th Edition
Given stock acquired, book value, and fair value… calculate the goodwill paid.
Given stock acquired, book value, and fair value… calculate the goodwill paid.
Given note amount, years on note, and the interest rate they ask you to complete the table to determine the interest expense.
Given the number of shares exchanged, value per share…. calculate the cost of the patent.
Given property, plant, and equipment for two years with net sales… calculate fixed asset turnover ratio and which company is more efficient.
Given the net fixed assets for two years with a fixed-asset turnover ratio… calculate the net sales for year two.
The amount the company will value the pickup trucks and how much gain or loss the company will recognize on the exchange
Given book value, fair value, original cost, accumulated depreciation, and cash paid… determine the value of the truck with a gain or loss.
Given the book value, fair value, original cost, accumulated depreciation, and amount paid they ask you to determine the value of the pickup trucks and the gain or loss on exchange.
Given expenditures that were made during the year along with loan and note amounts, they ask you to calculate the amount of interest capitalized during the year using the specific interest method.
Given a list of costs incurred during the year… find the total research and development expense.