User Account

All Pages

What was sub cos total net income for the year

Assignment Help Corporate Finance
Reference no: EM131151028

E17-13 Parent Co. invested $1,000,000 in Sub Co. for 25% of its outstanding stock. Sub Co. pays out 40% of net income in dividends each year.

Use the information in the following T-account for the investment in Sub to answer the following questions.

Investment in Sub Co.
1,000,000
110,000
44,000

(a) How much was Parent Co.'s share of Sub Co.'s net income for the year?

(b) How much was Parent Co.'s share of Sub Co.'s dividends for the year?

(c) What was Sub Co.'s total net income for the year?

(d) What was Sub Co.'s total dividends for the year?

Reference no: EM131151028

Questions Cloud

Is the picture of dorian gray an immoral book : What is the role of Lord Henry in the novel and his relationship with Dorian. Is The Picture of Dorian Gray an immoral book? Why or why not? Write a letter to Wilde in which you attempt to convince him of your position.
Discuss whether elements of a contract are satisfied in case : Johnny, a neighbor who is not a merchant under the Uniform Commercial Code, offers to buy a car from Mark for $30,000. Discuss whether the elements of a contract are satisfied in this case
Determine the force-couple system with the force : The table can be lifted without tilting by applying the 100-N force at pointO, the center of the table. Determine the force-couple system with the force acting at cornerAthat will produce the same result.
How union pacific will be affected by external factors : Union Pacific Corporation" Please respond to the following: Describe how Union Pacific will be affected by each of these external factors
What was sub cos total net income for the year : How much was Parent Co.'s share of Sub Co.'s net income for the year? How much was Parent Co.'s share of Sub Co.'s dividends for the year? What was Sub Co.'s total net income for the year? What was Sub Co.'s total dividends for the year?
Determine the number of fins that needs to be attached : If it is desired to triple the rate of heat transfer from the bare hot surface, determine the number of fins that needs to be attached.
What is the maximum allowable electric current i : what is the maximum allowable electric current I? If the maximum available voltage if 110 V, what is the corresponding length of the wire that may be used in the heater and the power rating of the heater? Assume negligible temperature variations w..
Explain six competencies of leadership described in article : Describe how Maidique and others gathered the information for this article. In your own words, outline and explain the six competencies of leadership described in the article as you understand them
Review the concept and details of computing gdp : Review the concept and details of computing GDP (GDP.pptx). Then listen to an excellent discussion of GDP and a variety of issues involved in computing GDP, including ones that are part of this week's discussion: GDP Discussion.

Reviews

Write a Review

Corporate Finance Questions & Answers

  Impact of the global economic crisis on business environment

This paper reviews the article of ‘the impact of the global economic crisis on the business environment' that is written by Roman & Sargu (2011).

  Explain the short and the long-run effects on real output

Explain the short and the long-run effects on real output, price, and unemployment

  Examine the requirements for measuring assets

Examine the needs for measuring assets at fair value in accounting standards

  Financial analysis report driven by rigorous ratio analysis

Financial analysis report driven by rigorous ratio analysis

  Calculate the value of the merged company

Calculate the value of the merged company, the gains (losses) to each group of shareholders, NPV of the deal under different payment methods. Synergy remains the same regardless of payment method.

  Stock market project

Select five companies for the purpose of tracking the stock market, preparing research on the companies, and preparing company reports.

  Write paper on financial analysis and business analysis

Write paper on financial analysis and business analysis

  Intermediate finance

Presence of the taxes increase or decrease the value of the firm

  Average price-earnings ratio

What is the value per share of the company's stock

  Determine the financial consequences

Show by calculation the net present value for the three alternatives (no education, network design certification, mba). Also, according to NPV suggest which alternative you advise your friend to choose

  Prepare a spread sheet model

Prepare a spread sheet model for the client that determines NPV/IRR with and without tax.

  Principles and tools for financial decision-making

Principles and tools for financial decision-making. Analyse the concept of corporate capital structure and compute cost of 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