Business Combination (Details) |
Dec. 31, 2019
USD ($)
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Assets acquired: | |
Cash | $ 10,353 |
Property, plant and equipment | 1,975,864 |
Customer list | 940,000 |
Trade names | 140,000 |
Goodwill | 4,337,660 |
Other intangibles | 22,300 |
Total assets acquired | 7,426,177 |
Liabilities assumed | |
Affiliate advances | (3,013,706) |
Accounts payable | (241,716) |
Debt | (120,447) |
Total liabilities assumed | (3,375,869) |
Non-controlling interests | (712,854) |
Total | $ 3,337,454 |
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- Definition Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Trade Names. No definition available.
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- Definition Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Affiliate Advances. No definition available.
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- Definition Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Customer List. No definition available.
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- Definition Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Goodwill. No definition available.
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- Definition Amount of assets acquired at the acquisition date. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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- Definition Amount of currency on hand as well as demand deposits with banks or financial institutions, acquired at the acquisition date. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of liabilities incurred for goods and services received that are used in an entity's business and related party payables, assumed at the acquisition date. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of long-term debt due within one year or within the normal operating cycle, if longer, assumed at the acquisition date. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of intangible assets, excluding goodwill, acquired at the acquisition date. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of liabilities assumed at the acquisition date. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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- Definition The amount of property, plant, and equipment recognized as of the acquisition date. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount recognized as of the acquisition date for the assets, including goodwill, in excess of (less than) the aggregate liabilities assumed, less the noncontrolling interest in the acquiree. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount recognized for assets, including goodwill, in excess of (less than) the aggregate liabilities assumed. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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