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 - Parent Ltd owns all the share capital of Subsidiary Ltd. The following transactions relate to the financial year ended 30 June 2020. The tax rate is 30%.
i) During the year ended 30 June 2020, Subsidiary Ltd sold $200,000 worth of inventory to Parent Ltd. Subsidiary Ltd recorded a $40,000 profit before tax on this transaction. Parent Ltd has one-quarter of the inventory still on hand at the end of the financial year.
ii) On 25 June 2020, Parent Ltd declared a dividend of $40,000. On the same day Subsidiary Ltd declared a $20,000 dividend.
iii) On 1 December 2019, Subsidiary leased surplus office space to Parent, at a rental payment of $18,000 per month. Rent is payable half-yearly in advance, on 1 December and 1 June each year.
Requirement - Prepare the Consolidation Journal entries for the financial year ended 30 June 2020.
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: - Explain the goals and uses of special journals.
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.
Term Structure of Interest Rates
Write a report on Internal Controls
Prepare the bank reconciliation for company.
Create a cost-benefit analysis to evaluate the project
Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR
Distinguish between liquidity and profitability.
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, Compound interest, discount rate, force of interest, AV, PV
CAPM and Venture Capital
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