swers in cells B2 through B6 of the Excel worksheet named Answers and (2) show...
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swers in cells B through B of the Excel worksheet named Answers and show your supporting calculations in the space below row of the worksheet named KH FN Data. a On the day it acquired Kraft, how much goodwill did H J Heinz recognize? Your answer should be in millions of US dollars. b On the day it acquired Kraft, how much did H J Heinz's operating assets increase as a result of the consolidation of Kraft? Your answer should be in millions of US dollars. When answering this question, you should assume that at the time of the acquisition: Kraft had zero excess cash and its other current assets and other noncurrent assets related to operating activities. Regarding the remaining assets, you should decide which are operating and which are financing. c On the day it acquired Kraft, how much did H J Heinz's operating liabilities increase as a result of the consolidation of Kraft? Your answer should be in millions of US dollars. When answering this question, you should assume that, at the time of the acquisition, Kraft's deferred income tax liabilities related to operating activities.
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