Prepare the journal entries in airbus point of view

Assignment Help Accounting Basics
Reference no: EM131975482

Problem

September 10, Airbus company acquires First Solar 104,040,000 shares at 33.54€ for a total of €3489.501.600. The par value is €0,001/share. There are 104.040 common stock at par value. Prepare the journal entries in Airbus point of view.

You are free to change numers and datas as you want as long as entries are correct which is what we really need.

Reference no: EM131975482

Questions Cloud

What should wolfpack record as the cost of its equipment : The company operates using a calendar year-end. What should Wolfpack record as the cost of its equipment on September 1, 2016?
Estimate the present value of the stream of savings : Your firm has the option of making an investment in new software that will cost $130,000 today and is estimated to provide the savings shown.
How often does this company turn over its total assets : Suppose you find that a particular company generates $.60 in sales for every dollar in total assets. How often does this company turn over its total assets.
What was the company taxable income : The company's depreciation expense for the year was $300, interest expense was $200, and the average tax rate is 30%.
Prepare the journal entries in airbus point of view : September 10, Airbus company acquires First Solar 104,040,000 share at 33.54€ for a total of €3489.501.600. Prepare the journal entries in Airbus point of view.
Find the firm typical value for accounts receivable period : A firm offers terms of 3/50, net 80. Currently, two-thirds of all customers take advantage of the trade discount; the remainder pay bills at the due date.
How much would you be willing to pay for each of investment : If the required return for both is 8%, which one do you prefer? How much would you be willing to pay for each of these investments?
Create in general journal format entry to record issuance : On September 1, 2017, Windsor Company sold at 104 (plus accrued interest). Create in general journal format the entry to record the issuance of the bonds.
What is the net present value of more attractive alternative : A firm that purchases electricity from the local utility for $200,000 per year is considering installing a steam generator at a cost of $290,000.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

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

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

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.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

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 and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd