User Account

All Pages

What is the amount of the intra-group unrealised profit

Assignment Help Accounting Basics
Reference no: EM132837411

Question - Company K (parent) owns all of the shares of Company J. In relation to the following intra-group transactions, in April 2018, K sold inventory to J for $22 000. This inventory had previously cost K $18000, and 60% of the inventory sold by J to an external party for $25,000 at June of 2018. Assume an income tax rate of 30%. What is the amount of the intra-group unrealised profit?

Reference no: EM132837411

Questions Cloud

Case study-company apple inc : The company you select must have entered the foreign market successfully using one of the entry modes described, and explain why the company was successful.
Provide the journal entries to adjust carry-forward balances : Provide the journal entries to adjust the carry-forward balances of the deferred tax asset and deferred tax liability. Deferred tax liability $6,00,000.
Relationship between business and different interest groups : Do you think business has responsibility towards them? Explain with examples
Calculate the taxable profit and accounting profit for year : Calculate the taxable profit and accounting profit for the year ending 30 June 2019. Rent expenses for year ended 30 June 2019 9 000
What is the amount of the intra-group unrealised profit : Company K (parent) owns all of the shares of Company J. Assume an income tax rate of 30%. What is the amount of the intra-group unrealised profit
What are some signs in the classroom : What are some signs in the classroom that indicate a student is working below grade level in math and needs additional support? What are some signs in the.
Discuss international trade theory : Discuss international trade theory, political economy, and regional integration. Discussion postings will require you to read about and discuss current events
What is the difference in the projected roes : Julia's Enterprises follows a moderate current asset investment policy, What is the difference in the projected ROEs between the restricted and relaxed policies
Define organizational behavior : 1. Define organizational behavior 2. What is an organization? Is the family unit an organization? Explain

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