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QUESTION
Using the information below and the financial statementson the following page, prepare the following at 30 June 2013:
A. adjustment/elimination journal entries for consolidation; andB. consolidation worksheetand detailed calculation of non-controlling interest balance; andC. consolidated financial statements and statements of changes in equity of Platypus Limited and its controlled entities.
They have charitable contributions of $2,500; deductible taxes of $4,000 and deductible mortgage interest of $7,000. They have 4 dependents. What is their taxable income?
Prepare Northern Bell's consolidated financial statements for December 31, 20X9, assuming that Golden Bell's functional currency is a) the Canadian dollar, and b) the foreign currency unit.
start that business, what amount of gain each person is required to identify under business if formed as C, S , and LLC corporation?
Prepare a statement of partnership liquidation, indicating and the sale of assets and division of loss.
on august 1 2011 delta inc. purchased 20000 of merchandise on account. on the same day delta paid freight of 1200. the
What is the product cost for the extension product under absorption and variable costing
Assume Holmes pays interest semiannually and the July 1 entry was done correctly. The journal entry at December 31, 2012 would include a credit to what?
What are the limitations of the information that you provide to the management team? How can the management team ensure that they obtain a complete picture of the enterprise?
The company operated at 70% of capacity, employees worked 371,000 hours, and the following actual overhead costs were incurred.
computation of various ratios from the given financial statements.the condensed financial statements of westward
Describe whether direct labor is a fixed or a variable cost. What are the pros and cons of management treating direct labor as a variable cost? Are there ethical issues to be considered here?
A company has capital of $200 million. It has an EROIC of 9%, forecasted constant growth of 5%, and a WACC of 10%. What is its value of operations? Illustrate what is its intrinsic MVA?
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