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On March 31, Bolivia Company purchased 40% of the outstanding ordinary shares of an associate for P4,000,000. On this date, the investee's net assets totaled P8,000,000 and Bolivia Company cannot attribute the excess of cost of the investment over the equity in the investee's net assets to any particular factor. The investee reported net income of P1,000,000 for the current year.
Problem 1: What is the maximum amount which could be included in Bolivia Company's income before tax to reflect its "equity in earnings of the investee" for the current year?
an amusement park spends 350000 each year in consulting servicesfor ride inspection. new actuator element technology
Vail Ski Shop received a $1,205 invoice dated July 12 with 2/10, 1/15, n/60 terms. What is Vail's outstanding balance
Based on interview with purchasing manager prepare a document flowchart to document the acquisition to payment system that currently exists at Oriental Traders
Click the Virtual Organization link to access the Virtual Organizations. Select one of the Virtual Organizations as the basis for this assignment.
bob plans to invest 7580. find the annual rate of interestrequired for the fund to grow to 7769.50 in 4 months.how do i
Operating leverage. Cover Rugs is holding a 2-week carpet sale at Josh's Club, a local warehouse store. Cover Rugs plans to sell carpets for $950 each.
BB210 Introductory Management Accounting Assignment. Calculate cost per Basic telephone system and Advanced telephone system
A stock price has an expected return of 15% and a volatility of 25%. It is currently $56. What is the probability that it will be greater than $85 in two years
Proceeds from sales of plant and equipment 1,986. Calculate the net cash flow from (a) financing and (b) investing activities for Wheatgerm
Elburn Supply Co. has the following transactions related to notes receivable during the last 2 months of 2017. Journalize the transactions for Elburn Supply Co
MUSCALA Motors,When reacquired, the car was appraised to have a fair value of P 600,000. What is the realized gross profit on installment sales during the year?
Ethan Ltd acquired all the issued shares (ex div.) of Darren Ltd on 1 July 2017 for $110000. Atthis date Darren Ltd recorded a dividend payable of $10,000.
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