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!
In 2019, X company (the 90%-owned subsidiary) sold merchandise to Y Company (the subsidiary) at a selling price of $80,000, the cost of goods sold $60,000. In 2020, Y Company sold the merchandise at $100,000. Net income for Y Company for 2019 and 2020 respectively: $120,000; $140,000. There is no dividend.
Instructions:
Question 1. Calculate the Parent company from the subsidiary's net income?
Question 2. Calculate the Minority interest from the subsidiary's net income?
Question 3. Prepare the working paper in Journal entries format for 2015 and 2016?
preparation of cash flow statement.use the following information to prepare a cash flow statement for oju company for
Hunter Corporation expects an EBIT of $48,716 every year forever. The tax rate is 26%. What is the value of the company
If the effective annual rate of interest is 12%, what is the issue price of the bonds? Some relevant and irrelevant present value factors
The effective rate on the loan is 12%. Compute for the carrying amount of the loan receivable on December 31, 2020
What application control would have prevented or detected the error? Computer should be programmed to check invoice numbers
Some item or type of activity that is used to proportionately distribute manufacturing overhead cost to the product being produced is known as:
Blue Company has taxable income of $90,000 before charitable contributions. What is the tax liability of the company for the year
How the natural rate of unemployment is defined as? Frictional and structural unemployment. / Cyclical plus frictional unemployment.
The truck transfers to Tuesday at the end of the lease. Record the journal entries for the sale and the initiation of the lease for the lessor and the lessee
If the IRP is not holding, how would you carry out covered interest arbitrage? Show all the steps and determine the arbitrage profit.
On December 31, 2020, JKL Bank granted a P5,000,000 loan, Compute for the impairment loss on loan receivable to be recognized in 2022.
Prepare General Journal entries for the month of April 2018, in date order, with narrations, for the following transactions relating to Harry's business.
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