Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Question - On January 1, 1999, Goblin Corp. acquired 90% of Parker Inc. by paying $119,250 cash. There is no active trading market for Parker Incorporated. Parker Inc. also reported a Common Share account balance of $35,000 and Retained Earnings of $70,000 at that date. An appraisal was done on Parker Inc., determining that the fair value of the company was now $132,500. Total annual amortization was $2,750 because of this transaction. Parker Inc. earned $24,500 in 1999 and $31,500 in 2000 with dividend payments of $10,500 each year. Without regard for this investment, Goblin Corp. had an income of $77,000 in 1999 and $91,000 in 2000. Use the economic unit concept to account for this acquisition.
Required -
1. Create a proper presentation of consolidated net income for 1999.
2. Create a proper presentation of consolidated net income for 2000.
3. What is the non-controlling interest balance as of December 31, 2000?
Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest. How much control does the Fed have over this longer real rate?
Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.
Accounting problems, Draw a detailed timeline incorporating the dividends, calculate the exact Payback Period b) the discounted Payback Period. the IRR, the NPV, the Profitability Index.
Term Structure of Interest Rates
Write a report on Internal Controls
Prepare the bank reconciliation for company.
Create a cost-benefit analysis to evaluate the project
Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR
Distinguish between liquidity and profitability.
Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.
Simple Interest, Compound interest, discount rate, force of interest, AV, PV
CAPM and Venture Capital
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd