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Question 1: GREEN Co. has a 75% interest in LIME, Inc., which is recorded on a cost basis. For the fiscal year ended June 30, 2016, the following data were taken from the respective books: Net income of GREEN Co. was P 125,000 while net income of LIME, Inc. was P 45,000. There was an intercompany interest on bonds in the amount of P 5,700. LIME, Inc. declared and paid dividend in the amount of P 9,000. The consolidated net income for the fiscal year was:
at the end of the current year the following information is available for both kumar company and asher company. kumar
Jeremy is in the process of purchasing a car. The list price of the car is $ 34000. If Jeremy pays cash for the car, the dealer will reduce the price by 10%.
Suppose the market price of the stock is $30 (different from the price that CAPM says it should be), what would the investors think about investing in the stock
Which company appears more profitable? Describe the ratio(s) that you used to reach this decision. Which company appears more liquid? Describe the ratio(s) that you used to reach this decision. Which company appears more solvent? Describe the ratio(s..
Manna used the double declining balance method of depreciation. How much depreciation expense should the company claim for year 2017
During April, 1,000 drives were sold. Fixed costs for March were $2 per unit for a total of $1,000 for the month. How much is the contribution margin ratio?
What risks may be associated with leasing to retail stores?Does the move to outsource to Windsor foods seem worthy of investigation? Explain why or why not.
Mr. Joseph has identified five different companies in which he is interested in investing, Calculate the debt-to-asset ratio
TeaVee normally calculates wholesale prices (i.e., the price it charges retailers) based on a 40% "markup on cost". Using this information, what is the maximum cost that TeaVee can incur per unit to manufacture this particular television?
Write a 1,050- to 1,400-word paper on the impact of asset misappropriation on an organization of your choice
what are the financial techniques used to evaluate capital projects in an organization? with respect to the
shareholders that reduced retained earnings during the year by 1,802 million. How much net income did the firm report in fiscal 2013
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