User Account

All Pages

What amount should friendly record as investment income

Assignment Help Accounting Basics
Reference no: EM132724903

Friendly Company owns 43%% of Amiable's common stock Friendly does not own any preference share in Armiable. Amiable's socks at December 31, 2019 is as follows: 1 010 cumulative preferred wock P5,000,000 Common mock 8.030.030 Amiable repored meet Income P4 390,090 for the year ended December 1, 2019.

Problem 1: There is no dividend dedaradion for preference shares for the current period, What amount should Friendly record as investment income for the year ended December 31, 2019?

Reference no: EM132724903

Questions Cloud

Concept comparison and analysis across theories : Write a paper on a core concept across nursing theories. Compare and analyze the concept definitions among the selected theories.
What is the impact if controls are not working properly : Clear Sky Aviation credits prepayments, What is the impact if controls are not working properly and deferred revenue is not correctly moved to sales revenue?
Explain database management system architecture : Create relational database including at least six tables and implementing the business process for a real-life company - Insert data in this database
Managing health care quality : Imagine that you are a hospital administrator at the Sunlight Hospital in California. The main complaint among the patients is the quality of care.
What amount should friendly record as investment income : Amiable's common stock Friendly does not own, What amount should Friendly record as investment income for the year ended December 31, 2019?
What the cost of grains sold during july is expected to be : What the cost of grains sold during July is expected to be? Powerpoint Company, a wholesaler of grain, has a sales budget for July of $300,000.
Various health care standards : Conduct an internet search for the various health care standards: Joint Commission, CARF, HL7, and UMLS.
Find and provide an analysis of sdl board of directors : The board meets on an annual basis to review. Provide an analysis of SDL's board of directors and make recommendations for improvement, if applicable.
Most prevalent health issues : Identify your chosen problem and why it is a health community concern? Identify how you will assess the need for the program? What type of data will you review?

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.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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