Explain two ways in which unrealised profits might arise from transactions between companies in a group and
Question:
Explain two ways in which unrealised profits might arise from transactions between companies in a group and why it is important to remove them.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 40% (10 reviews)
There are two ways in which unrealised profits might arise from transactions between companies in a ...View the full answer
Answered By
Milbert Deomampo
I have been tutoring for over 3 years and have experience with a variety of students, from those who are struggling to keep up with their class to those who are looking to get ahead. I specialize in English and writing, but I am also proficient in math and science. I am patient and adaptable, and I work with each student to find the best methods for them to learn and retain the material.
0.00
0 Reviews
10+ Question Solved
Related Book For
Financial Accounting And Reporting
ISBN: 9781292255996
19th Edition
Authors: Barry Elliott, Jamie Elliott
Question Posted:
Students also viewed these Business questions
-
Explain two ways in which a recession might raise the natural rate of unemployment.
-
Explain two ways in which a government budget deficit hurts a future worker.
-
Explain two ways in which a company that makes purchases on account from foreign companies can protect itself against the losses that would arise from a sudden increase in the foreign exchange rate.
-
Advertising plays a major role in the ______________ stage of the product life cycle, and_______________ plays a major role in the maturity stage.
-
A sequence of zero mean unit variance independent random variables, Xn, n = 0, 1, 2, , N 1 are input to a filter that produces an output sequence according to Yn = (Xn + Xn 1)/ 2, for . For n = 0,...
-
Distinguish between permanent accounts and temporary accounts, indicating which type is closed at the end of the period. Give five examples of each type of account.
-
What is the AICPA's position with respect to a forensic audit?
-
Jims Outfitters, Inc., makes custom fancy shirts for cowboys. The shirts could be flawed in various ways, including flaws in the weave or color of the fabric, loose buttons or decorations, wrong...
-
. You were recently hired as an analyst with the corporate finance team of a startup in the FinTech industry. Your first project is to estimate the cost of capital for your firm. Your company is...
-
Use the Rolling Hills, Inc. data from Problem P14-34A. Requirements 1. Prepare the 2018 statement of cash flows by the direct method. 2. How will what you learned in this problem help you evaluate an...
-
Discuss the acceptability of the LIFO and replacement cost methods of inventory valuation and why the IASB has not permitted all methods to be used.
-
Part 1 Because Natalie has been so successful with Cookie Creations and her friend Curtis Lesperance has been just as successful with his coffee shop, they conclude that they could benefit from each...
-
Describe the stages in the punctuated-equilibrium model and explain which types of groups it applies to.
-
Consider the following tasks with their resource requirements given as: a) 1 = (10, 4, 1; [A; 1]), where the task executes for two time units, then requests the resource A. (b) 2 = (7, 4, 2; [A;...
-
Why is it important for the internal auditor. to understand groups as well as individuals?
-
A real-time system has a fixed number of resources of types A, B, and C. There are five tasks in the system, and the maximum amount of resources A, B, and C needed for each task is known. Implement a...
-
What are the three factors that tend to motivate an individuals behavior? Explain each of the three briefly.
-
Rewrite the save and restore routines in the language of your choice so that they employ the push and pop procedures.
-
Assuming a 360-day year, calculate what the average investment in inventory would be for a firm, given the following information in each case. a. The firm has sales of $600,000, a gross profit margin...
-
What will be the final value of DI after executing the following piece of code? Execute the instructions dependently one after another. CLD MOU CX,OFOH MOU AX.02874H MOU DI,01000H MOU ES, DI SUB...
-
The French group Club Mditerrane is an active service provider in the leisure and hospitality field with, in particular, its rich network of all-inclusive resort villages. The statements of income...
-
Wipro Limited, together with its subsidiaries and equity accounted investees (collectively, Wipro) is a leading India-based provider of IT Services, including Business Process Outsourcing (BPO)...
-
Multiple Choice Questions 1. Generally, the operating cash flow is expected to be negative (a) True (b) False 2. How is the available cash flow calculated? (a) Cash flow from operating activities...
-
The vendor's identity is added to the ___________, once the vendor is chosen. Question 15 options: 1) purchase order transaction file 2) purchase master file 3) product inventory transaction file 4)...
-
Assignment of chapter 2 2-1 To prove the inequation following: forerete 23 1
-
to de- ated in port is veloc- airflow late as ofile is /h)- For the - value 7.29 In Chapter 6 we learned that the velocity profile for fully developed laminar flow between flat plates is given by u =...
Study smarter with the SolutionInn App