User Account

All Pages

How much can Raymund Lipstix Co expect

Assignment Help Accounting Basics
Reference no: EM133063452

Question - Raymund Lipstix Co. owns 80% of PH Care, Inc. During the year, PH Care, Inc. filed for bankruptcy and is about to enter into liquidation. Raymund Lipstix Co. has an outstanding unsecured receivable of P4,000,000 from PH Care, Inc. together with an investment in subsidiary of P20,000,000. The statement of affairs of PH Care, Inc. shows a 100% recovery for outside creditors and a 20% recovery for inside creditors. How much can Raymund Lipstix Co. expect to recover from its receivable?

Reference no: EM133063452

Questions Cloud

How much is the rental income net of lease related expense : On January 1, 2021, A, Inc. purchased equipment for P4,000,000. How much is the rental income net of lease related expense in 2021
Find out the Financial Leverage and EPS of the firm : Following information is available in respect of PQR Ltd.: Equity Share Capital (F.V. R10 each) R32,00,000. Find out the Financial Leverage and EPS of the firm
Prepare Tejas journal entries : The appropriate rate of interest is 8%, and the truck has a useful life of 20 years with no salvage value. Prepare Tejas's 2017 journal entries
What is the new value of the portfolio : You have decided to put $200,000 into three stocks: 64% of the money in Gold-Finger (currently $23/share), What is the new value of the portfolio
How much can Raymund Lipstix Co expect : The statement of affairs of PH Care, shows a 100% recovery for outside creditors and a 20% recovery for inside creditors. How much can Raymund Lipstix Co expect
Determine the minimum variance portfolio comprised solely : The correlation between the two is 20%. Determine the minimum variance portfolio comprised solely from these two stocks
What is the breakeven sales revenue : A product is sold at $100 and its contribution margin percentage is 20%. It also has a fixed cost of $800,000. What is the breakeven sales revenue
Determine the amount of the investment in ABC : Prepare the 3 journal entries that Ehrlich would make during 2020 to account for its investment AND determine the amount of the investment in ABC
Prepare a schedule assigning the fixed expenses : Assigning Traceable Fixed Expenses - Using the most causally related bases, prepare a schedule assigning the fixed expenses to the three departments

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.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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