User Account

All Pages

What the amount of inventory reported

Assignment Help Accounting Basics
Reference no: EM133163958

Question - CC Company sold inventory with a cost of P40,000 to its 90%-owned subsidiary, RR Corp., for P100,000 in 20X9. Range resold P75,000 of this inventory for P100,000 in 20X9. Based on this information, what the amount of inventory reported on the consolidated financial statements at the end of 20X9?

Reference no: EM133163958

Questions Cloud

Do you recommend a change in the managerial strategy : Plastco Packaging Ltd. is a medium-sized manufacturer of plastic bags, located on the West Coast. These bags are used in the retail sector for purposes ranging
Determine the current ratio and the quick ratio : The following items are reported on a company's balance sheet: Cash $390,400. Determine the current ratio and the quick ratio
Design a rough draft of a job description : Last month two drivers quit, so Tim advertised in the local paper for two new drivers. Ten people applied for the openings, but Tim rejected because of test sco
Describe results of the leadership circle profile : Describe your results of the Leadership Circle Profile. List and briefly describe your Creative Competencies and your Reactive Tendencies. What do the results m
What the amount of inventory reported : Based on this information, what the amount of inventory reported on the consolidated financial statements at the end of 20X9
Question-rotana hotel management corporation : Rotana Hotel Management Corporation (Rotana) was founded in 1992, by a partnership between Nasser Al Nowais and Selim El Zyr, who were joined few years later by
What are the possible values of the combined company : The end-of-period value of each firm is determined by the weather, as shown below. What are the possible values of the combined company
Employee perception of the employment relationship : It's early Monday morning in Jamaica, Stan, a Restaurant manager starts getting ready for the morning coffee rush. He is particularly happy this morning because
Apply legal principles from cases and statutes : Marty Wilkins has established a start-up company that is looking to deliver puncture repair kits to stranded cyclists, by drone. The company is located in Newca

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