Define an upstream transaction and provide an example

Assignment Help Accounting Basics
Reference no: EM132043735

Question - In dealing with intercompany transactions the direction matters. These directions are known as an upstream transaction or a downstream transaction. Please consider the following questions:

Define an upstream transaction and provide an example.

Define a downstream transaction and provide an example.

Are the transactions substantially different? Please justify the reason why each transaction is treated differently.

Reference no: EM132043735

Questions Cloud

Evaluate the three standard organizations : Evaluate the three (3) standard organizations including IEEE, ISO, and ANSI to determine the most important for communication technology.
What is the amount of net pay for the employee : An employee earns $5,750 per month working for an employer. What is the amount of net pay for the employee for the month of January
Prepare journal entries for sales and sales returns : What amount of sales revenue should Paramount recognize for 2013. Prepare journal entries for sales and sales returns of 2013
Find ratio of long-term debt to long-term debt plus equity : A firm has $100 million in current liabilities, $200 million in total long-term liabilities, $300 million in stockholders' equity, and total assets.
Define an upstream transaction and provide an example : In dealing with intercompany transactions the direction matters. Define an upstream transaction and provide an example
Calculate the interest savings for each firm : Calculate the interest savings for each firm relative to the market (as a percentage of $10m) and the total profit for the swap broker.
What is an alternative to carbon credits : The Environment Protection Agency sometimes imposes penalties on firms that pollute the environment. A mechanism that has been developed to limited excessive.
Teenagers a fixed amount for washing some cars : Jules agreed to pay a group of teenagers a fixed amount for washing some cars, enough for each of them to receive $10
Prepare all journal entries to record lowder purchases : Lowder Company purchased 275 units of inventory on account for $5,775. Prepare all journal entries to record Lowder's purchases and sales

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

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

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

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.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

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 and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd