Johnston mfg is purchasing delta tools for 215 million in, Financial Management

+44 141 628 6080
[email protected]

Johnston mfg is purchasing delta tools for 215 million in

Johnston Mfg. is purchasing Delta Tools for $21.5 million in cash. The fixed assets of Delta Tools were recently appraised at $16.9 million. In addition, Delta Tools has $2.6 million in working capital and no debt. Johnston Mfg. will use the purchase accounting method to record this acquisition. What is the amount of the goodwill that will be shown on the books of Johnston Mfg. after the acquisition?

Request for Solution File

Ask an Expert for Answer!!

Financial Management: Johnston mfg is purchasing delta tools for 215 million in

Reference No:- TGS02860762

Expected delivery within 24 Hours

Have a Question? (oR Write a Review)

Write atleast 100 words!!

Asked Questions

Implement blood pressure monitoring and smoking cessation

Discuss how you would implement blood pressure monitoring and smoking cessation interventions on an individual and systemwide level as a nurse practitioner

Evaluate the impact of market segments and consumers

Evaluate the impact of these market segments and consumers on the future of the organization's market.

Analyze clean and press movement

Analyze clean and press movement, you choose the movement. Look at joint actions and muscle movement through the movement

How is oxygen delivered

Problem: SATA: How is oxygen delivered? Check All That Apply Increase in Respiratory RateIncrease in Respiratory Rate

Discuss about different kinds of mental health professionals

In this week's assigned reading, you learned about the different kinds of mental health professionals. Although there is some overlap in the training

Prescribe orders a course of antibiotic therapy for greg

Later that evening, the prescriber orders a course of antibiotic therapy for Greg and recommends he begin Advair 250/50 mg BID and albuterol 90 mcg/inh PRN.

What is nursing informatics

What is nursing informatics? What does the study of informatics include? What disciplines (studies, ?theories, systems, etc.) ?are included in the study of info

Request for Solution File

Ask an Expert for Answer!!

Financial Management: Johnston mfg is purchasing delta tools for 215 million in

Reference No:- TGS02860762

Have a Question? (oR Write a Review)

Recent Questions Asked Financial Management

Q : Suppose you decide to come up with a new risk factor based

Q : Calculating changes in net operating working capital what

Q : State recession average boom probability of state 020 055

Q : Analyze pertinent facts of business client cases by

Q : Johnston mfg is purchasing delta tools for 215 million in

Q : What are the biggest most important challenges currently

Q : A firm value could be computed based on the future cash

Q : What is the firms aftertax cost of debt if the tax rate is

Q : Explain why diversification is a useful tool to manage