Reference no: EM132957079
Question - The following information has been taken from the consolidation worksheet of Maple Company and its 60% owned subsidiary, Syrup Company.
(1) Maple reports a loss on sale of land (to an outside party) of $5,000. The land cost Maple $20,000.
(2) Maple paid dividends of $15,000.
(3) Syrup paid dividends of $10,000.
(4) Excess acquisition-date fair value over book value amortization was $6,000.
(5) Consolidated accounts receivable decreased by $8,000.
Required - How much (and in what section) will dividends be reported in the consolidated statement of cash flows?
A. $25,000; Financing section
B. $19,000; Investing section
C. $21,000; Financing section
D. $21,000; Investing section
E. $19,000; Financing section
|
What is the maximum, fully deductible amount
: Ruby also took advantage of a payroll deduction plan and made additional, pre-tax contributions of $1,300. What is the maximum, fully deductible amount
|
|
How you will improve on the strategic plan
: As an HR Planning Officer of a business with 450 employees, explain to your Chief Executive Officer how you will improve on the strategic plan to cover staff av
|
|
What annual rate should she seek for portfolio
: What annual rate should she seek for her portfolio in order to achieve her goal, considering the portfolio would be compounded daily?
|
|
Explain the quality management theories
: Explain the quality management theories, principles, tools and techniques used in quality management and continuous improvements in organisations.
|
|
How much will dividends be reported
: Excess acquisition-date fair value over book value amortization was $6,000. How much will dividends be reported
|
|
What process should stacey and her team use
: What process should Stacey and her team use to determine which lunch-building tactics should be implemented?
|
|
Assessing the individuals and the team lead
: In a project team, there are a total of 10 members including the team lead. Three of them are very enthusiastic, hardworking and ready to take initiative while
|
|
What is the equivalent cash value of the winnings
: If money is worth 4%, compounded annually, what is the equivalent cash value of his winnings? Phil Nelson won the $750,000 lottery and would like to be paid
|
|
What are the key challenges in the field of hr
: What are the key challenges in the field of HR?
|