User Account

All Pages

What equity method adjustment necessary on parent books

Assignment Help Accounting Basics
Reference no: EM131752739

Question: Assume that a subsidiary has 10,000 shares of stock outstanding, of which 8,000 shares are owned by the parent. What equity method adjustment will be necessary on the parent books if the subsidiary sells 2,000 additional shares of its own stock to outside interests at book value? At an amount in excess of book value?

Reference no: EM131752739

Questions Cloud

Calculate the npv of project : Calculate the NPV of this project.
What is the npv for the project : A project that provides annual cash flows of $17,300 for nine years costs $78,000 today.
What amount of bad debt expense would the company record : Assume Simple Co. had credit sales of $258,000 and cost of goods sold of $158,000 for the period. Simple uses the percentage of credit sales method.
Create a navigation form based on the vertical tabs : Create a Navigation form based on the Vertical Tabs, Left template. Drag and drop the Drivers form onto the first tab of the form.
What equity method adjustment necessary on parent books : Assume that a subsidiary has 10,000 shares of stock outstanding, of which 8,000 shares are owned by the parent. What equity method adjustment will be necessary.
Research proposal to fund a mission to find : A description of the selected destination and a scientific argument for why this destination has been selected for the mission.
Set up and validate an efficient and accurate fe model : 7117ENG 7003MSC - Analysis of a Stiffened Access Panel - Critically evaluate the output from non-linear and general dynamics FE analysis
What will be the adjusted eps and dps : Now Carlisle announces a three-for-one split. Immediately after the split, what will be the adjusted EPS and DPS?
How should the parent record additional investment : Assume that a subsidiary has 10,000 shares of stock outstanding, of which 8,000 shares are owned by the parent. If the parent purchases an additional 2,000.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much of accounting department costs will be allocated

The costs will be allocated based on the number of employees using the direct method. How much of the accounting department costs will be allocated

  On january 1 2013 bishop company issued 10 bonds dated

on january 1 2013 bishop company issued 10 bonds dated january 1 2013 with a face amount of 520 million. the bonds

  Determine missing dollar values and the missing percentages

The following data from a restaurant operation show a partially completed comparative income statement analysis for two consecutive years.

  Capital structure and dividend policy-target structure

Maximum earnings per share (EPS), Minimum cost of debt (rd), Highest bond rating, Minimum cost of equity (rs), or Minimum weight average cost of capital (WACC).

  For 20x2 the selling price per lamp will be 4500 what is

big al is about to begin work on the budget for 20x2 and they have requested that you prepare an analysis based on the

  Green realty company received a check for 30000 on july 1

green realty company received a check for 30000 on july 1 which represents a 6 month advance payment of rent on a

  On january 1 2009 elva corp paid 750000 for 80 of fenton co

on january 1 2009 elva corp. paid 750000 for 80 of fenton co. when the book value of fentons net assets was 800000.

  Profit generating mechanism on prices

In practice, arbitrage refers to the profit generating mechanism on prices that temporarily deviate from the theoretical or perceived equilibrium relationship

  The 96 bonds were issued in 1998 at 975 to yield 10

intermediate accounting 6th ed. by spiceland - ch.14 p14-18 bradley-links december 31 2011 balance sheet included the

  Prepare a horizontal and vertical analysis

prepare a horizontal and vertical analysis for the period ending June 30, 2017. You only need to complete one vertical analysis using the June balance sheet

  How many ticket packages will george need to sell

How many ticket packages will George need to sell to break even?

  Concept of unit contribution margin

If fixed costs are $700.000 and the unit contribution margin is $14, what amount of units must be sold in order to realize an operating income of $100.000

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