User Account

All Pages

How much was the liquidation value of the Cathy Company

Assignment Help Accounting Basics
Reference no: EM133066907

Question - Kristine, a shareholder, received P10 per share as a liquidation value for the 1,000,000 shares of Cathy Company that she owned. Kristine owned a 10% ownership stake in Cathy Company. How much was the liquidation value of the Cathy Company?

a. 10 million

b. 124 million

c. 100 million

d. 50 million

Reference no: EM133066907

Questions Cloud

Effective economic development model in the region : Cuba entered into a radical communist economic and political reform in 1959. In 1999 former President Hugo Chávez started a socialist project in Venezuela (not
Discuss deductive forensics : Discuss Deductive Forensics in terms of anticipating attacks/pre-crime, machine learning forensics, scene of the crime and searching for digital evidence.
Form of a data visualization : Software, media of your choosing, tell us something about yourself, in the form of a data visualization. Please feel free to be whimsical or humorous
Development change the supply of labour : -Workers in a certain occupation will soon require a government issued license to legally practice in that occupation. To get the new license workers will need
How much was the liquidation value of the Cathy Company : Kristine owned a 10% ownership stake in Cathy Company. How much was the liquidation value of the Cathy Company
Westjet flight 3681 from toronto to calgary : How elastic would the supply of seats on a specific flight be (e.g. WestJet Flight 3681 from Toronto to Calgary)? Why?
Supply of cabins on a specific cruise ship : How elastic would the supply of cabins on a specific cruise ship be? Why? In your answer, specify whether it would be inelastic or elastic and give clear reason
What is the liquidation value of magic Homes : A sale of assets is expected to bring P3 million after all costs and taxes. What is the liquidation value of magic Homes
Vaccination against covid-19 : The Covid-19 is a highly contagious disease. Although there are vaccines for Covid-19, the vaccination is not free and there are side effects of the vaccine, ma

Reviews

Write a Review

Accounting Basics Questions & Answers

  What would the value of Manhattan Island

What would the value of Manhattan Island have been in today assuming a compound interest rate 4.6%

  What would the profit or loss

The company's general pricing policy is to set prices at $113 per cubic yard. What would the profit or loss

  The board of directors declared a stock dividend

A corporation had 13,500 shares of $5 par value common stock outstanding when the board of directors declared a stock dividend of 4,995 shares. At the time of the stock dividend, the market value per share was $19. The entry to record this div..

  What is standard costing

Question - What is Standard Costing & why a firm should set standards for costing? Explain benefits & limitations of Standard Costing

  Research on balanced scorecard

Pick one of the following terms for your research: Balanced scorecard, ethical leadership, emotional intelligence, sustainability, or authentic leadership.

  How many medical equipment were sold

The consignor deducted commission of P600 for each equipment sold, P270 for delivery expense & P300 for advertising expense. How many medical equipment sold

  Horizontal and vertical analysis for the balance sheet

Create a horizontal and vertical analysis for the balance sheet and the income statement. Write a 350- to 700-word memo to the CEO of your selected organization in which you discuss your findings from your ratio calculations and your horizontal and..

  Find the gain or loss on sale

On 31 December 2012, Y Ltd sold the machine for $400 000 to a director of the company. Find the gain or loss on sale

  Which of five investments do you think are highly affected

Rank the five investments in order of the most risky to the least risky and explain in detail why you ranked them in that manner. Which of the five investments do you think are most highly affected by the level of interest rates in the economy? Why..

  Determine what was the amount of net income or net loss

What was the amount of net income or net loss that the company reported for the most recent year? Did the net income increase or decrease versus the prior year?

  Points of a continuum of potential solutions

Consider the purchase of a new PC to be used by you at your work (or by you at a job that you would like to have). Describe in detail three alternatives for this new PC that represent the low, middle, and high points of a continuum of potential so..

  What kinds of training might be provided to a franchisee

Today's Business World-Cold Stone Creamery® Do you love ice cream? Donald and Susan Sutherland's passion for ice cream led them to open Cold Stone Creamery®.

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