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Padre, Inc., buys 80 percent of the outstanding common stock of Sierra Corporation on January 1, 2015, for $790,560 cash. At the acquisition date, Sierra's total fair value, including the noncontrolling interest, was assessed at $988,200 although Sierra's book value was only $662,000. Also, several individual items on Sierra's financial records had fair values that differed from their book values as follows: Book Value Fair Value $ 61,000 $ 296,000 Land Buildings and equipment (10-year remaining life) Copyright (20-year life)...
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Padre, Inc., buys 80 percent of the outstanding common stock of Sierra Corporation on January 1, 2018, for $826,240 cash. At the acquisition date, Sierra's total fair value, including the noncontrolling interest, was assessed at $1,032,800 although Sierra's book value was only $645,000. Also, several individual items on Sierra's financial records had fair values that differed from their book values as follows: Book Value Fair Value Land Buildings and equipment (10-year remaining life) Copyright (20-year remaining life) Notes payable (due...
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Padre, Inc., buys 80 percent of the outstanding common stock of Sierra Corporation on January 1, 2021, for $791,520 cash. At the acquisition date, Sierra's total fair value, including the noncontrolling interest, was assessed at $989,400 although Sierra's book value was only $638,000. Also, several individual items on Sierra's financial records had fair values that differed from their book values as follows: Land Buildings and equipment (10-year remaining life) Copyright (20-year remaining life) Notes payable (due in 8 years) Book...
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Padre, Inc., buys 80 percent of the outstanding common stock of
Sierra Corporation on January 1, 2018, for $791,520 cash. At the
acquisition date, Sierra’s total fair value, including the
noncontrolling interest, was assessed at $989,400 although Sierra’s
book value was only $638,000. Also, several individual items on
Sierra’s financial records had fair values that differed from their
book values as follows: Book Value Fair Value Land $ 65,200 $
307,200 Buildings and equipment (10-year remaining life) 295,000
276,000 Copyright...
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Arrange Padre, Inc, buys 80 percent of the outstanding common stock of Sierra Corporation on January 1, 2018, for $796,960 cash. At the acquisition date, Sierra's total fair value. Including the noncontrolling interest was assessed et $996,200 although Sierra's book value was only $623.000. Also, several individual items on Sierra's financial records had fair values thot differed from their book values as follows: Land Buildings and equipment (10-year remaining life) Copyright (20-year remaining life) Notes payable (due in 8 years)...
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Padre, Inc., buys 80 percent of the outstanding common stock of Sierra Corporation on January 1, 2018, for $757,280 cash. At the acquisltion date, Slerra's total fair value, Including the noncontrolling Interest, was assessed at $946,600 although Sierras book value was only $696,000. Also, several IndMMdual tems on Slerra's financlal records had falr values that differed from thelr book values as follows: Land Buildings and equipnent (18-year remaining life) Copyright (28-year remaining life) Notes payable (due in 8 years) Book...
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Padre, Inc., buys 80 percent of the outstanding common stock of
Sierra Corporation on January 1, 2018, for $796,960 cash. At the
acquisition date, Sierra’s total fair value, including the
noncontrolling interest, was assessed at $996,200 although Sierra’s
book value was only $623,000. Also, several individual items on
Sierra’s financial records had fair values that differed from their
book values as follows:
Book Value
Fair Value
Land
$
60,600
$
286,600
Buildings and equipment (10-year remaining life)
340,000
322,000
Copyright...
-
Padre, Inc., buys 80 percent of the outstanding common stock of
Sierra Corporation on January 1, 2018, for $790,560 cash. At the
acquisition date, Sierra’s total fair value, including the
noncontrolling interest, was assessed at $988,200 although Sierra’s
book value was only $662,000. Also, several individual items on
Sierra’s financial records had fair values that differed from their
book values as follows:
Book Value
Fair Value
Land
$
61,000
$
296,000
Buildings and equipment (10-year remaining life)
284,000
246,000
Copyright...
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Padre, Inc., buys 80 percent of the outstanding common stock of
Sierra Corporation on January 1, 2018, for $809,120 cash. At the
acquisition date, Sierra’s total fair value, including the
noncontrolling interest, was assessed at $1,011,400 although
Sierra’s book value was only $669,000. Also, several individual
items on Sierra’s financial records had fair values that differed
from their book values as follows:
Book Value
Fair Value
Land
$
60,900
$
320,900
Buildings and equipment (10-year remaining life)
330,000
298,000
Copyright...
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I need help with investment in sierra. I have no idea what went
wrong. Above is showing that it won't take any of the answers.
Padre, Inc., buys 80 percent of the outstanding common stock of Sierra Corporation on January 1, 2021, for $791.520 cash. At the acquisition date, Sierra's total fair value, including the noncontrolling Interest, was assessed at $989.400 although Sierra's book value was only $638,000. Also, several Individual items on Sierra's financial records had fair values that...
Padre, Inc., buys 80 percent of the outstanding common stock of Sierra Corporation on January 1, 2015, for $790,560 cash. At the acquisition date, Sierra's total fair value, including the noncontrolling interest, was assessed at $988,200 although Sierra's book value was only $662,000. Also, several individual items on Sierra's financial records had fair values that differed from their book values as follows: Book Value Fair Value $ 61,000 $ 296,000 Land Buildings and equipment (10-year remaining life) Copyright (20-year life)...
Padre, Inc., buys 80 percent of the outstanding common stock of Sierra Corporation on January 1, 2018, for $826,240 cash. At the acquisition date, Sierra's total fair value, including the noncontrolling interest, was assessed at $1,032,800 although Sierra's book value was only $645,000. Also, several individual items on Sierra's financial records had fair values that differed from their book values as follows: Book Value Fair Value Land Buildings and equipment (10-year remaining life) Copyright (20-year remaining life) Notes payable (due...
Padre, Inc., buys 80 percent of the outstanding common stock of Sierra Corporation on January 1, 2021, for $791,520 cash. At the acquisition date, Sierra's total fair value, including the noncontrolling interest, was assessed at $989,400 although Sierra's book value was only $638,000. Also, several individual items on Sierra's financial records had fair values that differed from their book values as follows: Land Buildings and equipment (10-year remaining life) Copyright (20-year remaining life) Notes payable (due in 8 years) Book...
Arrange Padre, Inc, buys 80 percent of the outstanding common stock of Sierra Corporation on January 1, 2018, for $796,960 cash. At the acquisition date, Sierra's total fair value. Including the noncontrolling interest was assessed et $996,200 although Sierra's book value was only $623.000. Also, several individual items on Sierra's financial records had fair values thot differed from their book values as follows: Land Buildings and equipment (10-year remaining life) Copyright (20-year remaining life) Notes payable (due in 8 years)...
Padre, Inc., buys 80 percent of the outstanding common stock of Sierra Corporation on January 1, 2018, for $757,280 cash. At the acquisltion date, Slerra's total fair value, Including the noncontrolling Interest, was assessed at $946,600 although Sierras book value was only $696,000. Also, several IndMMdual tems on Slerra's financlal records had falr values that differed from thelr book values as follows: Land Buildings and equipnent (18-year remaining life) Copyright (28-year remaining life) Notes payable (due in 8 years) Book...
I need help with investment in sierra. I have no idea what went
wrong. Above is showing that it won't take any of the answers.
Padre, Inc., buys 80 percent of the outstanding common stock of Sierra Corporation on January 1, 2021, for $791.520 cash. At the acquisition date, Sierra's total fair value, including the noncontrolling Interest, was assessed at $989.400 although Sierra's book value was only $638,000. Also, several Individual items on Sierra's financial records had fair values that...