Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. bruno corp acquired several assets from popeye cor

Bruno Corp acquired several assets from Popeye Corp. for $900,000. Assets acquired included a building,...

80.2K

Verified Solution

Question

Accounting

  1. Bruno Corp acquired several assets from Popeye Corp. for $900,000. Assets acquired included a building, a delivery truck, and a piece of manufacturing equipment. An appraisal of the assets valued the building at $710,000, the delivery truck at $80,000, and the equipment at $220,000. What is the value that will be assigned to each of these assets?

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Suppose that GE is trying to prevent Maytag from entering the market for high efficiency clothes...

Statistics
Q

Pick a profession, identify events that might affect the variation ( you must include all three...

Basic Math
Q

Assuming that we have a 66/11-kV primary substation with three 66/11-kV, 20MVA (rating of each transformer),...

Electrical Engineering
Q

Precipitation mm 25 20 15 10 O 12 00 Discharge Line Urban Peak Rainfall Rain...

Biology
Q

The probability for event A is 0 4 the probability for event B is 0...

Geometry
Q

Have you ever experienced a time where a certain situation

Basic Math
Q

Find the LCD for the list of rational expressions.9x + 1/x+5x-6, 5x/x+4x-5The LCD is ______

Basic Math
Q

DO NOT USE A CALCULATOR ON ANY OF THE FOLLOWING QUESTIONS UNLESS INDICATED 1 Which...

Algebra
Q

Freddie is an accountant, working at a business called Freddie Accountants. Freddie is always positive...

Accounting
Q

More Info Requirement 1. Record the transactions in the general journal. (Record debits first, then...

Accounting
Q

A. Deferred revenues-customer deposits Eastern Brewing Company (EBC) distributes its products in an aluminum keg....

Accounting
Q

Apocalyptica Corp. pays a constant $25 dividend on its stock. The company will maintain this...

Finance