How many shares of Flicker does Hilary own

Assignment Help Accounting Basics
Reference no: EM133076745

Question - Flicker Corporation has 200 shares of common stock outstanding. Hilary owns 60 shares. Hilary's grandmother owns 30 shares, Hilary's father owns 30 shares and Hilary's daughter owns 10 shares. Mega Corporation owns 50 shares of Flicker and Hilary owns 80% of the stock of Mega. The remaining 20 shares of Flicker are owned by William, who is unrelated to any other shareholder. How many shares of Flicker does Hilary own both directly and constructively?

a. 170

b. 140

c. 150

d. 180

Reference no: EM133076745

Questions Cloud

How many ways can a candidate obtain the required approvals : As part of the application process at Hongyi Consulting Group, a candidate will go through 2 rounds of interviews. In the first round, each candidate will be in
How many ways can a candidate obtain the required approvals : As part of the application process at Hongyi Consulting Group, a candidate will go through 2 rounds of interviews. In the first round, each candidate will be in
What is the taxable income of the estate : During 2019, an estate generated income of $48,500: Rental income $18,500. What is the taxable income of the estate
Find average level of market interest rates : 1. Assume that the average level of market interest rates is 5%. Use present value calculations to answer the following:
How many shares of Flicker does Hilary own : Question - Flicker Corporation has 200 shares of common stock outstanding. Hilary owns 60 shares. How many shares of Flicker does Hilary own
What statistical information would you share with executives : What statistical information would you share with executives? Conduct some web searches to find statistical information that would be valuable making decision.
What is the amount of the adjustment to depreciation expense : On 1/2/x6, Palex sold equipment costing P100,000 to its 100%-owned subsidiary, Salex, for P75,000. What is the amount of the adjustment to Depreciation Expense
What are the determinants of fdi : Analyse the role of FDI in the economic development of Saudi Arabia.
Intuition in making management decisions : Q1 Explains Would a car insurance company or a car manufacturer benefit more from the use of data mining? Explain your answer.

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