User Account

All Pages

What is peter ltd more likely to do to account

Assignment Help Accounting Basics
Reference no: EM133134354

Question - Peter Ltd holds 40% of the voting shares in Parker Ltd and it has the right to appoint 4 executive directors and 4 non-executive (independent) directors in Parker Ltd. Under the articles of association, the total board seat is a maximum of 14 and each director has one vote at board meetings. Flash Ltd owns 40% of the shares in Parker Ltd and Arrow Ltd owns the remaining 20% shares in Parker Ltd. What is Peter Ltd more likely to do to account for its investment in Parker Ltd?

There is not enough information in the question.

Peter Ltd should not consolidate Parker Ltd as it has less than majority votes.

Peter Ltd should not consolidate Parker Ltd as it has less than majority votes and cannot appoint/remove the majority of the board of directors.

Peter Ltd should consolidate Parker Ltd because it can appoint/remove the majority of the board of directors.

Reference no: EM133134354

Questions Cloud

What are pink sheet stocks : Question - What are 'Pink Sheet' stocks, list at least 2 characteristics of them (or the companies) and what market do they mainly reside in
How should management calculate the activity : For the month of July 2021, the company budgeted direct materials in the amount of $80,000. How should management calculate the activity
Determine the inventory balance altira would report : Determine inventory balance Altira report in its August 31, 2021, balance sheet and the cost of goods sold it would report in its August 2021 income statement
What is the change in profits : What is the change in profits if, instead of the traditional method that YPI has used thus far, the bottleneck method advocated by Jay
What is peter ltd more likely to do to account : Flash Ltd owns 40% of the shares in Parker Ltd and Arrow Ltd owns the remaining 20% shares in Parker Ltd. What is Peter Ltd more likely to do to account
CEM5ACS Advanced Construction Systems Assignment : CEM5ACS Advanced Construction Systems Assignment Help and Solution, La Trobe University - Assessment Writing Service
Set up a lagrangian equation : Consider a household whose utility is determined by the consumption of two goods, A BcA cB A B UcBcA cB and . Let and denote the consumption of good and good ,
Prepare the journal entries to record the sale on november : Prepare the journal entries to record the sale on November 17 (ignore cost of goods) and collection on November 26, 2021
What is culturally responsive instruction : What is culturally responsive instruction and what does it look like in content area classrooms?

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