User Account

All Pages

How much should the investment be initially recognized

Assignment Help Accounting Basics
Reference no: EM133176735

Question - On January 1, 2020, Second company has acquired 2,000 shares of another company at P10 per share. The cost of investment includes transaction costs P1.5 per share. The company opted to present this investment at fair value through other comprehensive income irrevocably. At the end of 2020, the market price of the shares is P15 per share and this was sold at P18 per share on January 2, 2021. How much should the investment be initially recognized?

Reference no: EM133176735

Questions Cloud

Medical examinations-polygraphs or honesty tests : Choose two of the following employment tests: drug tests, medical examinations, polygraphs or honesty tests, and scored test of ability.
Calculate each project payback period : All projects are equally risky. The cost of capital is 12% and the initial outlay for the projects is $90,000 each. Calculate each project Payback period
Develop list of subheaders : Develop a list of subheaders that you will use to assess the organization. Use the content areas that are listed as deliverables for this assignment.
Organizational Flexibility : Scholarship places emphasis on the need for clear direction and yet, at the same time, a certain degree of organizational flexibility.
How much should the investment be initially recognized : The market price of the shares is P15 per share and this was sold at P18 per share on January 2, 2021. How much should the investment be initially recognized
What does capm indicate the appropriate expected return : If the expected market return is 18.5 percent and the risk-free rate is 4.5 percent, what does CAPM indicate the appropriate expected return for Pharoah stock
Prepare journal entries indicated for each of transactions : Collected $46 cash per share from four individuals and issued 5,600 shares of common stock to each. Prepare journal entries indicated for each of transactions
Simulate the system for the average waiting time : Simulate the system for the average waiting time in the line and in the system. For what percent of the time the agent remains idle
Develop list of subheaders : Develop a list of subheaders that you will use to assess the organization.

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