User Account

All Pages

What is the amount of prepaid dividends

Assignment Help Accounting Basics
Reference no: EM132769994

Question - Assume that company A acquired 75% of company B in 1/1/2019. The investment cost is 300,000$. The book value of inventory is more than the market value of company B was 25,000, and no inventory sold in 2019. Additionally, company B incurred loss of 60,000. Net profit of company A before profit of investment was 100,000. Also, no dividends wat to Non-controlling interest. What is the amount of prepaid dividends that company A should be recognize it in its statement of financial position in 31/12/2019, and what is the amount of company A year net profit/loss?

Reference no: EM132769994

Questions Cloud

What amounts were payable on each class of stock : Cash dividends declared in 20x1 totaled 44,000. Of the 44,000, what amounts were payable on each class of stock
Hardware and software-based firewalls : How you could use firewalls to support organizational security? What are the advantages and disadvantages of using hardware and software-based firewalls?
What is the straight bond value : The current share price is $28 per share. Each convertible bond is trading at $900 in the market. What is the straight bond value
Prepare an entry to record any adjustments required : Assume that Cherrywood Ltd. follows ASPE. Determine the impairment loss, if any, for the asset. Prepare an entry to record any adjustment required.
What is the amount of prepaid dividends : What is the amount of prepaid dividends that company A should be recognize it in its statement of financial position in 31/12/2019
Mainstream cryptocurrency : Why do you think the banking, consumer products, and most government agencies had shunned BTC and other forms of mainstream cryptocurrency
What was the actual number ofn direct labor hours worked : What was the actual number ofn direct labor hours worked last year at Donna? Estimated manufacturing overhead costs P 108,800
What is the annual depreciation amount : A machine costing $180,000 has an estimated residual value of $15,000 and an estimated service life of ten years. What is the annual depreciation amount
Customer contact care system : The IT team at Game Technology is working on implementation strategies for the new Customer Contact Care system (C3 ).

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