Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Question - Hibou ltd a private company based in Vancouver decided to sell its industrial design division. At the end of 2017 the plan was finalized and approved by the board of directors the sale is anticipated to be completed by June 30, 2018. After two years of losses and heavy competition a plan to dispose of the division was put in place. At the end of 2017 the plan was finalized and approved by the board of directors. The sale is anticipated to be completed by June 30, 2018.
Other information - Hibous 2017 after tax net income excluding the result from the industrial Design division was $405,000 during the year the division reported after tax loss of $110,000 revenues $35000 expenses $145000 management estimates that after tax legal and audit fees of $23000 as well as severance of 67000 will be required to finalize the plan. A portion of these costs is expected to be offset by the after tax proceeds of $65000 from sale of the divisions assets
At the beginning of the company's fiscal year 150,000 common share were issued and outstanding. As of July 1, 2017 50,000 more shares were sold to investors.
Assuming the industrial Design Division qualifies for treatment as a discontinued operation, prepare partial income statement for Hibbu for 2017. The statement should begin with income from continuing operations and include an appropriate footnote pertaining to the disposal of the Industrial Design Division. Remember to include EPS.
A 30-year U.S. 8% coupon bond with 25 years left to maturity is callable in 16 years. The call premium is 9%; if the bond is selling today for $980.
Mintzberg, Inc. begins business on January 1, 2015 and is setup as a c-corp. On 12/31/15 they declared total dividends of $ 1,400,000 and they had the following in their equity section (after adjusting for dividends):
What is the initial measurement of noncontrolling interest in net assets in the consolidated statement of financial position
What effect does the payment of government unemployment insurance have on the unemployment rate? On the severity of recessions?
Your task is to prepare a report to be presented to your co-investors which identifies two locations in Australia which meet your criteria.
Assume the facts stated in the prior question. What is Abigail's recognized gain or loss relating to such matters
Explain a little about the company's risks (i.e., business risks) based on the discussions in the annual report
You wish to purchase a ten-year bond with a par value of $1000 that is selling for $800 with a coupon rate of 8%. Your required annual yield-to-maturity is 9%.
Write a responsd on Business extending credit to customers is a great thing for a company. It has many benefits from creating customer loyalty and boosting
identify how Brown can determine whether Wood's actions are ethical. Limit your answers to the store's cash payments
Calculate the balance of the Investment in Small account that would be reported in Giant's Balance Sheet at December 31, 2012.
Prepare a multi step income statement, statement of changes in stockholders equity, balance sheet, and statement of cash flows.
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd