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Question - On 1 November 2021, Olive Ltd. borrowed $100,000 from Hub Ltd. at an annual interest rate of 7.0%. The loan term was for 5 years and it was an interest-only loan with interest payable by 31 July every year.
Hub Ltd. owns all the share capital of Olive Ltd. The income tax rate is 30%.
Required - Prepare all the relevant journal entries required for the consolidation worksheet on 30 June 2022 for the following transactions.
Which will decrease the net present value of a project? moving each of the cash flows back one period./ decreasing the required discount rate
Xang Company's costs were over budget by $46,000. The Xang Company is divided in two regions. Determine the amount that the second region's cost
Find a web site that produces a large amount of dat a. Investigate caching by running fetchall twice in succession to see whether the rep orted time changes much. Do you get the same content each time? Modify fetchall to print its output to a file..
Based on Empire Limited strategic direction, discuss key performance measures that the company's executive compensation package should include
Option 1: stock held for 3 months (basis $16,000, FMV $17,000). Option 2: cash of $17,000. What is the amount of the deduction
Prepare the balance sheet presentation for the bond on 12/31/2015. Prepare the balance sheet presentation for the bond on 12/31/2016.
Assume that the division is using variable costing. How many units should be scheduled for production during the last quarter of the year
Determine how many extra direct labor hours will be needed each month to fill the Glasgow order. Prepare an analysis showing the impact on operating profits
Given the information below - Accounts Receivable RM50,000 and Cost of Goods Sold RM250,000, what is the amount of Gross Profit
Prepare an updated ‘what if' total contribution margin income statement. Would this change be a good financial move for his business? Please explain.
Johnny Shop produces three products. Cost, price and volume data is shown below. Compute the weighted average contribution margin
In Zoe-Vonna Palmrose's article "PCAOB Audit Regulation a Decade after SOX: Where it Stands and What the Future Holds," she discussed the importance.
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