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Question - On January 1, 20x1, Row Co. acquired 10,000 out of the 100,000 outstanding shares of Boat Co. for P30,000. Row Co. classified the shares as financial asset measured at fair value through profit or loss. The shares were trading at P5 on December 31,20x1. On July 1, 20x2, Row Co. acquired additional 80,000 shares of Boat Co. at P8 per share, the quoted price on that date. The outstanding shares of Boat Co. remained at 100,000 shares. Boat Co.'s net identifiable assets have a fair value of P665,000. Row Co. elected to measure NCI at 'proportionate share'. Compute the goodwill.
Determine the number of actual labor-hours spent on tune-ups during the week. Determine the actual hourly rate of pay for tune-ups last week
Adams Corporation estimates that it lost $187,200 in inventory from a recent flood. What is the company's gross profit ratio
a total of 29 units were started and 4 spoiled units were detected and rejected at final inspection yielding 25 good
yang company has budgeted the following unit salesnbspnbspnbsp 2015nbspnbspnbspnbspnbspnbspnbspnbspnbspnbspnbsp
Plot the projects NPV profile. Think of some other capital budgeting situations in which negative cash flows during or at the end of the projects life might.
Determine Which of the following would not be considered an intangible asset? Franchise rights./ Copyrights./ Investments./ Trademarks
If an Ocampo Corporation issues P50 million of commercial paper with a maturity of 6 months, what is the annual effective interest rate
President declared North Georgia (including Jasper) a disaster area on March 23, 2019. In what year can ABC, Inc. elect to deduct the casualty loss?
Determine The net present value of the investment, assuming 7% cost of capital is? The projected net cash flows for an investment
Current assets other than cash increased by $25,000. Current liabilities increased by $15,244. Prepare a statement of cash flows for 2012
You are a staff auditor in the internal audit, In the spirit of cooperation, the CAE has asked you to make a memo to the director to address his requests.
Vehicles P2,500,000. The cash generating unit has not recorded goodwill. How much of impairment loss should be allocated to the building
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