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Question - A Company bought 1,000 shares of B Company shares a s equity investments on January 10, Year 2 at P150 per share and paid P2,250 as brokerage fee. The investments are intended to be held for long term price change and were designated as at fair value through other comprehensive income. On December 5, Year 1, a P10 dividend per share of B Company had been declared to be paid on April 30, Year 2 to shareholders of January 31, Year 2. There were no other transactions in Year 2 affecting the investment in B Company. At what amount should A Company record the investment in equity securities at January 10, Year 2?
PE ratio of 45 in slow Mo corporation PE ratio is 12 based on the performance measures which stop do you spay has the better growth prospects
Calculate deprecation for the machine for the year 2017 under each of the Units of production assuming that is 2017 the units was 77,000
The Nelson Company has $1,375,000 in current assets and $550,000 in current liabilities. Its initial inventory level is $385,000, and it will raise funds
Prepare S&G's 2013 statement of cash flows, using the indirect method to present cash flows from operating activities.
Tai and Song are ages 69 and 59, respectively, and file a joint return. They have AGI of $20,000 and received $2,000 in nontaxable social security benefits. How much can Tai and Song take as a credit for the elderly or the disabled?
Make journal entries for Chatim Corporation for all transactions relating to its investment in Topsoil & Landscape Supplies Ltd. for the year 2019
Review notes to both Exxon's and Chevron's financial statements. Identify two notes pertaining to income statement, and explain the main way in which the notes in question could influence your decision to invest in each of the companies.
Identify the accounting issues arising within the above scenario, referring to relevant accounting concepts and standards
on january 2 2007 picard enterprises issued 2400000 of 8 percent 15 year semi-annual coupon bonds to yield 7.5
Describe the purpose of a Financial Statement audit identifying any specific 7 issues for an auditor or the users (stakeholders) of financial statements.
In assessing whether an asset, List three external and three internal factors for impairment of assets that are prescribed by AASB 136.
The Techron I costs $276,000, has a three-year life, and has pretax operating costs of $75,000 per year. Compute the EAC for both machines
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