Baker stuff - Stephanie Baker AC 5730 Accounting for...

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Stephanie Baker AC 5730 Accounting for Mergers & Acquisitions Assignment 1.2.1. Chapter 1 Problem 28 A 1-Oct Purchase Price 7475 Book Value 1/1 100000 Equity Increase 9000 Book Value of Barker 109000 Acquired Percentage 5450 Intangible Assets 2025 Life 15 years Annual Amortization 135 1-Jul Purchase Price 14900 Book Value 7/1 7000 Book value of Barker 119000 Acquired Percentage 11900 Intangible Assets 3000 Life 15 Years Annual Amortization 200 31-Dec Purchase Price 34200 Book Value 12/31 126000 Equity Increas 15000 Book Value of Barker 141000 Acquired Percentage 28200 Intangible Assets 6000 Life 15 years Annual Amortization 400 Equity Income Reported by S 2013 Accrual 250 Amortization on first purchase 33.75 Equity Income 216.25 Equity Income Reported by S 2014 Accrual First Purchase 1500 Accrual Second Purchase 1500 Amortization on First Purchase -135 Amortization on Second Purchase -100 Equity Income 2765 Equity Income Reported by S 2015
Basic equity Accrual 3600 Amortization on First Purchase -135 Amortization on Second Purchase -200 Equity Income 3265 B Cost First Purchase 7475 Cost Second Purchase 14900 Cost Third Purchase 34200 Equity Income 2013 216.25 2014 2765 2015 3265 Dividends 2013 -100 2014 -1600 2015 -1350 Balance 59771.25
Stephanie Baker AC 5730 Accounting for Mergers & Acquisitions Assignment 1.2.1.

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