Explain what ex dividend means

Assignment Help Financial Accounting
Reference no: EM132513758

On 1 july 2019, prakash ltd acquired all of the issued share in binod ltd on an ex dividend basis. At 1 august 2019 binod ltd declared a dividend of 20000.

Question 1: Explain what ex dividend means. also explain the accounting implication of the 20000 dividend declared by binod ltd, if payable from

a. pre-acquisition profit

b. post-acquisition profit

Reference no: EM132513758

Questions Cloud

Relationship between data-information and knowledge : Discuss the relationship between data, information, and knowledge. Support your discussion with at least 3 academically reviewed articles.
Prepare the necessary adjusting entries at june : Prepare the necessary adjusting entries at 30 June. Drip Dry Cleaning Services purchased a 1-year insurance policy on 1 March of the current year for $660.
Should there be regulations on how consumer data are used : There are vast quantities of consumer data available today. For example, every time you use your grocery store loyalty card, data about what you purchased.
How can risk management and quality management : How can risk management and quality management as distinct disciples work collaboratively to reduce risk and improve quality?
Explain what ex dividend means : Explain what ex dividend means. also explain the accounting implication of the 20000 dividend declared by binod ltd, if payable from pre-acquisition profit
Indicate how you plan to measure each objective : Reflect on a lesson you would like to teach to a friend or family member. Identify a possible teaching strategy for each of your objectives.
Discuss the relationship between data and information : Discuss the relationship between data, information, and knowledge. Why do organization have information deficiency problem?
Prepare the Equity section of the corporation balance sheet : Common Shares, unlimited shares authorized, 20,800 shares issued and outstanding $376,000. Prepare the Equity section of the corporation balance sheet
Which project should the company select : Which project should the company select if the interest rate is 14% at the cash flows in Project B is also at the beginning of each year?

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .

  Computation of free cash flow

Computation of Free Cash Flow

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