A press release issued today announced that Ingram Distribution has acquired Johnson Transport. The press release explained that both firms ceased to exist in their prior forms and had combined to create an entirely new entity called Move! Which one of the following terms best describes this transaction?

Q: 48. Consolidation at the end of the first year subsequent to date of acquisition-Equity method…

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Q: Fundamental company determined that the FCU was the functional currency and translation using the…

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Q: b. Prepare all consolidation entries needed to prepare consolidated statements for 20X5. Note: If no…

A: Accounting entries made to merge the parent company's financial data with those of its subsidiaries…

Q: The Exxon-Mobil Merger Application of comparable transactions analysis Please conduct the comparable…

A: The objective of this question is to conduct a comparable transactions analysis for the Exxon-Mobil…

Q: Peer Company acquired of the common stock of Sight Company on January 1, year one, for On that date,…

A: Consolidation is the process of integrating the financial accounts of a parent business and its…

Q: In 2018, PepsiCo, Inc. acquired SodaStream, a sparkling water maker, for $6,686 million in cash. At…

A: Merger:-It is a combination of two companies to form a new single legal entity with a new name or…

Q: The Blumen Yacht Building Company buys Marine Parts Corporation, a furm that makes shipbuilding…

A: Here blumen yacht building company acquired the business of marine parts corporation  parts…

Q: Which of the following is correct in a Forward Triangular Merger. Cash and stock may be used as…

A: The purchasing business forms a subsidiary, which later merges with the target company, allowing the…

Q: World Enterprises is determined to report earnings per share of $2.90. It therefore acquires the…

A: Step 1: Calculation of Total EarningsThe total earnings of the merged firm are the combined earnings…

Q: In 2012, Delta airlines acquired an oil refinery in Pennsylvania.  This is an example of what type…

A: It is defined as a merger taking place between firms belonging to the same industry, but at varying…

Q: Holmes, Inc., has offered $351,887 cash for all of the common stock in Watson Corporation. Based on…

A: In the given question we need to compute the minimum estimated value of the synergistic benefits…

Q: BMW Motors Corp. wants to acquire all the assets of MWB Corp. BMW plans to pay for the assets by…

A: Merger can be referred to as the event or a transaction through which, two or more than two entities…

Q: Mergers often are classified according to the merger's participants and their lines of business.…

A: Mergers are a type of agreement where two or more companies decide to form a single entity to expand…

Q: The balance sheets of Cat company and Rat company as of January 1, 2019 are presented below. On that…

A: Given   Assets of Cat Assets of Rat Cash 50,000 20,000 Receivable 80,000 20,000 Inventories…

Q: Catron Corporation is having liquidity problems, and as a result, it sells all of its outstanding…

A: Definition:   Business combination: Business combination refers to the combining of one or more…

Q: Recent Merger and Acquisition (M&A) Activities for AT&T and Verizon evaluate the effect of interest…

A: AT&T and Verizon, the two largest wireless carriers in the United States, have a long history of…

Q: The Articles of Incorporation for Trendy Sunglasses, Corp.states that the corporation's purpose is…

A: Ultra vires act means doing an act which is beyond the power of the company.

Q: Identify and briefly explain four (4) negotiation strategies of a seller in the Merger and…

A: Negotiations: The discussion between two or more parties to arrive at a commercial or non-commercial…

Q: On January 1, Year 5, Pic Company acquired 7,500 ordinary shares of Sic Company for $708,000. On…

A: Equity Accounting method - This method is used for accounting of investments in associates and joint…

Q: ABC Broadcasting Inc. acquires GO Telecommunications Inc. ABC runs TV channels while GO sells TV and…

A: When one company combines with another company in order to expand the business by either merging or…

Q: _______ PepsiCo acquired Pizza Hut. What type ofmerger was this?a. Limitedb. Syndicatedc. Joint…

A: A vertical merger is a merger of two or more firms that supply a common product or service to the…

Q: World Enterprises is determined to report earnings per share of $2.80. It therefore acquires the…

A: To determine the number of World Enterprises shares exchanged for each Wheelrim and Axle share, we…

Q: Earsplitting Music Inc. has acquired 60% of Raucous Sound, while Deafening Systems Corp. has…

A: A Joint Venture is basically two or more companies join together and create a new entity for a…

Q: please explain your answer

A: Approach to solving the question: Detailed explanation: Examples: Key references: Financial…

Q: Consolidation at date of acquisition (purchase price equals book value) A parent company acquires…

A: The acquisition takes place whenever the company buys the shares or take over which is the purchase…

Q: Give me correct answer with explanation.j

A: The objective of the question is to calculate the amount of Goodwill and the (Gain) Loss on initial…

Q: Good Limited provided a loan of $1,300,000 to its subsidiary Catch Limited. On consolidation, which…

A: Loan transaction occurring between entities that are related to each other either as mergers,…

Q: Identify the type of merger in the following case: ABC manufactures furniture. It acquired a…

A: Merger means acquistion of one business by another. There are two parties involved in merger…

Q: ABC Construction Corporation is planning to purchase STUVW Mining Corporation which is owned by S,…

A: When two or more companies join together or one company tends to acquire the other company, it is…

Q: Examples of two or more companies that have gone through merger and acquisition in most recent years

A: Merger and acquisitions refer to the process where one company combines with another. In a merger,…

Q: Topic: Income Taxation Which of the following income is subject to capital gains taxation? *…

A: Capital gains are a financial concept used in tax analysis which is defined as the profit or gain…