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Question 1: How are dividends paid by a parent company to its subsidiary company presented on the consolidated statement of cash flows?
a. Under operating activitiesb. Under financing activitiesc. Under investing activitiesd. They are not presented, as there is no cash flow effect. Question 2: JT Ltd. acquired an additional block of shares in its associate company. This additional acquisition gives JT significant influence. As a result, JT switched to the equity method for reporting purposes. A loss resulted from the revaluation and should be a. deferred until the investment is sold.b. reported in net income.c. reported in other comprehensive income.d. adjusted through retained earnings.
Make the journal entry to record United's expense for Welch's total earnings for the year, his payroll deductions, and net pay. Debit Salaries Expense and Bonus Expense as appropriate. Credit liability accounts for the payroll deductions and Cash for..
The old trucks had a fair market value of $39,000. Prepare the entry to record the exchange of similar assets by Yura Dingaling
Defend the difference in the required rate of return for your company on similar projects in an established market, as compared to the same investment
question 1product development costs are a material cost for various companies. they are either written off as a
Calculate Dellars Ltd's net cash flow from operating activities for the company's Cash Flow Statement for the year ended 30 Sept 2016 using direct method
analysis of various methods of inventory system and its effect on ending inventory and cost of goods sold.glanville
Use the following data to determine the amounts required below:
Personnel have been escalating. What action should you take to demonstrate your commitment to getting the business relationship back on track?
Determine the selling price of the equipment sold. Show how the sale of equipment would appear on a statement of cash flows prepared by using the indirect method.
Would the result in this case have been different if it had been Taylor’s minor son, rather that Taylor herself, who had been struck by the ball? Should courts apply the doctrine of assumption of risk to children? What is the basis underlying the def..
Issued 100,000 shares of common stock at $5 each; 1,000,000 shares are authorized at $1 par value. Issued 10,000 shares of common stock for a building and land. The building was appraised for $20,000, but the value of the land is undeterminable. The ..
Bonds Payable. The balance in the Bonds Payable account at year-end is $200,000,000. After reviewing the confirmation from the trustee, the auditors determine that the correct balance is $225,000,000. Answer the following questions regarding the bond..
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