Tuesday, September 9, 2008

Chapter 2 Problem 21 - check figures wrong!

Sorry you guys - there are strange and seemingly unrelated numbers listed as check figures on the text website. Here are some alternative and more appropriate check figures:
a) $1,100,000
b)$980,000
c)decrease APIC
e) GW = $70,000
f) GW = $10,000 and amout allocated to IPR&D expensed immediately
j) bargain purchase (you do not have to do the allocation)

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