Reference no: EM132798319
Questions -
Q1. On July 1, 2020, Hanna purchased as a long-term investment P5,000,000 to collect contractual cash flows only. The purchase price of the face value 8% bonds was for P4,615,000 to yield 10% per year. The bonds pay interest semiannually on January 1, and July 1. In its December 31, 2020 balance sheet, Hanna Company should report accrued interest receivable at what amount?
Q2. On January 1, 2020 Maria Company purchased 30% interest in Venus Company for P5,000,000. On this date Venus' stockholders' equity was P10,000,000. The carrying amounts of Venus' identifiable net assets approximated their fair values, except for building whose fair value exceeded its carrying amount by P4,000,000. The remaining life of the building is six years from January 1, 2020. Any implied goodwill has an indefinite life. Venus reported net income of P3,000,000 for 2020 and paid dividends of P1,000,000. Maria accounts for this investment using the equity method. In its December 31, 2020 balance sheet, what amount should Maria report as investment in associate?
|
Discuss rules that can lead to a successful implementation
: Discuss the requirements, rules, or recommendations that can lead to a successful implementation of embedded analytics, by selecting a case study from your.
|
|
Determine the combined marginal tax rate
: Nora has identified a Moody's Corp corporate bond and a Henrico County bond. The yield on the corporate bond is 5.50% while the municipal bond yields 5.00%.
|
|
What is the free cash flow to firm
: 1. What is the Free Cash Flow to this Firm? , which has:
|
|
How do you measure the intensity of your experience
: How do you measure the intensity of your experience in response to Carter's photograph? What does it make you see/feel/imagine and how does your response.
|
|
What amount should maria report as investment in associate
: Maria accounts for this investment using the equity method. In its December 31, 2020 balance sheet, what amount should Maria report as investment in associate
|
|
Calculate the wavelength inside the transmission line
: Calculate the wavelength inside the transmission line and Describe how you would check grounding for the pre-installed equipment rack, which is holding
|
|
Describe posts or conversations in which you have engaged
: Describe the posts or conversations in which you have engaged that might be considered inappropriate based on the professional standards of nursing.
|
|
How much is the amount of the loss on repossession
: A Company on October 1, 2019, sold article for P10,000 costing P7,000. How much is the amount of the loss on repossession
|
|
Describe the issues in the current systems
: This assignment requires you to conduct your research on one of the following topic. The number of pages (Minimum 5 pages) excluding the title page.
|