User Account

All Pages

How much total revenue shall be reported

Assignment Help Accounting Basics
Reference no: EM132845723

Question - T Company and R Company are joint operators in the development of Super OS, a mobile phone operating system. Each joint operator retains control over the assets contributed to the joint operation and share equally in the profits and losses of the joint operation. During the year, T Company earns revenue of P1,000,000 from its own operations. Sales of Super OS amount to P400,000. How much total revenue shall be reported in T Company's statement of profit or loss for the year?

Reference no: EM132845723

Questions Cloud

Describe and evaluate the indian boarding schools system : Describe and evaluate the Indian Boarding Schools system and relate them to the information found of First Americans. Provide the examples.
What is the standard deviation of the binomial distribution : Let's say that 75% of all business startups in the IT industry report that they generate a profit in their first year. A sample of 8 new IT business startups is
What are the results of the data analysis : This week, you will find peer-reviewed scholarly research studies: one should be a mixed methods study, and the others can be either quantitative.
Which do think had the most impact on early america : Choose 2 of these and further discuss their importance in early America. Think society, rural, urban, rich, poor, male and female.
How much total revenue shall be reported : Sales of Super OS amount to P400,000. How much total revenue shall be reported in T Company's statement of profit or loss for the year
Find the 95th percentile of credit scores in canada : The average credit score in Canada is 650. Assume that credit scores follow a normal distribution with a standard deviation of 60.
How to maintain a healthy lifestyle in the college : How to maintain a healthy lifestyle in the college? What is glare? How does lighting affect athletes' performance and spectator experience? How to solve?
How much value will leverage will add to the firm : Given the following information - How much value will leverage will add to, or subtract from, the firm if the firm were to add one additional pound of debt
Determining the combat climate change : Is it reasonable to generalize this result and estimate that 65% of all registered voters in Iowa agree that the world needs to do more to combat climate change

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