Reference no: EM133038126
Question - On January 1, 2019, Yellow Company issued its P3,000,000, 8%, 5-year bonds that resulted in a bond conversion privilege of P100,000. The bonds are convertible to 20,000 ordinary shares with a par value of P100 per share.
On April 1, 2021, P1,200,000 bonds were converted to ordinary shares when the ordinary shares sell for P125 per share.
The conversion of the bonds to ordinary shares shall result to a net increase in share premium by:
On January 1, 2020, MC Company acquired 25% of the ordinary shares that carry voting rights at a general meeting of shareholders of DC Company for P400,000.The purchase price is equal to the fair value of the 25% of DC's identifiable assets less 25% of its identifiable liabilities. For the year ended 2020, DC Company recognized a loss of P2,400,000. MC Company has no constructive or legal obligation in respect of its associate and has made no payment on its behalf. For the year ended 2021, DC Company recognized a profit of P3,200,000.
What is the carrying value of MC investment in DC as of December 31, 2021?
|
Current environment dynamic
: In what ways is the current environment dynamic? What capabilities do businesses need to survive?
|
|
Identify the key components of working capital management
: Identify the key components of Working Capital Management. State how each element can benefit an individual seeking a finance career
|
|
Conduct a histogram of the daily commute times
: A. Conduct a histogram of the daily commute times. (I don't understand how to correctly get the histogram).
|
|
Create an advocacy strategy to address public health policy
: Twitter and Blog Post-The Role of Public Health Policy - Evaluate the role of government and other stakeholders in the processes for ensuring accountability
|
|
What is the carrying value of mc investment in dc
: On April 1, 2021, P1,200,000 bonds were converted to ordinary shares when the ordinary shares sell for P125 per share. What is carrying value of MC investment
|
|
Hiv testing policy for prisons
: Should the offenders who are HIV/AIDS positive be segregated? Would it be a violation of the offender's rights to be segregated from the general population?
|
|
What factors do you think that covid-19 effects
: -Given your knowledge of PESTLE, what factors do you think that COVID-19 (Coronavirus) effects? Explain your answer in detail.
|
|
What amount should be reported as retained earnings
: Ordinary share capital, P100 par, 50,000 shares authorized, 20,000 shares outstanding - P2,000,000. What amount should be reported as retained earnings
|
|
Claiming intellectual disability using dusky standard
: Discuss the ramifications of competency to stand trial for someone claiming intellectual disability using the Dusky standard.
|