Paul is 6’4” and weighs 220 pounds. One night he is leaving…

Paul is 6’4” and weighs 220 pounds. One night he is leaving a bar when he is approached by a smaller man who begins to punch and kick at Paul. Paul crumples to the ground while the smaller man continues to hit him. Three people across the street see what is happening, but do not come to Paul’s aid. All of the following changes to the scenario above would tend to increase the probability that someone comes to help Paul EXCEPT:

On July 1, Preston Enterprises purchased for cash at $30 per…

On July 1, Preston Enterprises purchased for cash at $30 per share all 250,000 shares of the outstanding common stock of Sylvestre Company, a business entity. Sylvestre reported net assets on that date with a carrying amount of $6,000,000. This amount reflected acquisition-date fair values except for Property, Plant and Equipment, which had a fair value that exceeded its carrying amount by $800,000. In its July 1 consolidated balance sheet, what amount should Preston report as Goodwill?

The following costs were incurred by the acquirer in busines…

The following costs were incurred by the acquirer in business combinations: Legal fees associated with the acquisition                       $  3,000,000 Cost of an internal acquisitions department                      10,000,000 Issuance cost of equity securities                                           180,000 Which costs related to effecting business combinations are expensed in full by the acquirer for the period in which the costs are incurred?

Problem 1 On January 1, Sylvestre Company reported the follo…

Problem 1 On January 1, Sylvestre Company reported the following accounting balances:  Receivables                      $ 80,000                       Current liabilities                   $ 10,000 Inventory                             70,000                       Long-term liabilities                 50,000 Buildings (net)                    75,000                       Common stock                          90,000 Equipment (net)                  25,000                       Retained earnings                   100,000       Total assets               $250,000                                   Total liabs. & SE      $250,000 On January 1, Argo Company paid $300,000 cash for all the assets and liabilities of Sylvestre Company, which will cease operations after being acquired by Argo. In connection with the acquisition, Argo paid $10,000 in legal fees and agreed to pay $50,000 to the previous owners of Sylvestre contingent on the firm meeting certain net income goals in the following year. Argo estimated the present value of this probability adjusted expected payment for the contingency at $15,000. In determining its offer, Argo noted the following pertaining to Sylvestre: It holds a building with a fair value $40,000 more than its book value. It has developed a customer list valued at $22,000, although it is not recorded on Sylvestre’s books. It has in-process R&D activity with an appraised fair value of $30,000. However, the project has not yet reached technological feasibility. All other assets’ and liabilities’ fair values approximate their carrying values. Prepare all journal entries Argo Company should record associated with this information. Be sure to use appropriate form. For online students, I suggest you use the Table function in Canvas.  

You are a personality researcher at a major research univers…

You are a personality researcher at a major research university. You measure 500 individual’s conscientiousness at age 25. Twenty years later you measure the same 500 individual’s conscientiousness. Which of the following results would you most expect when looking at your data?

Jacob has a family history of coronary illness, and he knows…

Jacob has a family history of coronary illness, and he knows he is at high risk for a heart attack. One day Jacob is walking down a street and begins having chest pains, shortness of breath, and dizziness. Jacob falls to the ground. What is likely to INCREASE the likelihood that a bystander will help Jacob?