Branch (a fictitious company) purchases a 20 interest in Williams (a fictitious company) for 200,000 on 1 January 2010 Williams reports income and dividends as follows Calculate the investment in Williams that appears on Branchs balance sheet as of the end of 2012 2010 2011 2012 Income 200,000 300,...

Investment in Williams at 31 December 2012 Initial cost Equity income 2010 Dividends ...

Branch (a fictitious company) purchases a 20% interest in Williams (a fictitious company) for 200,000 on 1

Question:

Branch (a fictitious company) purchases a 20% interest in Williams (a fictitious company) for €200,000 on 1 January 2010. Williams reports income and dividends as follows:

image text in transcribed

Calculate the investment in Williams that appears on Branch’s balance sheet as of the end of 2012.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

International Financial Statement Analysis CFA Institute Investment Series

ISBN: 9780470287668

1st Edition

Authors: Thomas R. Robinson, Hennie Van Greuning CFA, Elaine Henry, Michael A. Broihahn, Sir David Tweedie

See More Books

Question Posted: Feb 14, 2024 08:50 AM

See More Questions

On January 1, 2009, Monroe, Inc., purchased 10,000 shares of Brown Company for $250,000, giving Monroe 10 percent ownership of Brown. On January 1, 2010, Monroe purchased an additional 20,000 shares...
Read the case study "Southwest Airlines," found in Part 2 of your textbook. Review the "Guide to Case Analysis" found on pp. CA1 - CA11 of your textbook. (This guide follows the last case in the...
The following additional information is available for the Dr. Ivan and Irene Incisor family from Chapters 1-5. Ivan's grandfather died and left a portfolio of municipal bonds. In 2012, they pay Ivan...
Consider a portfolio of the following derivatives where the counterparty is an OECD bank. Derivative 8-year interest rate swap 6-month option on an equity 1-year swap on precious metals 9-month...
In what significant ways has the responsibility of media planners changed during the last decade?
Robots trained to behave like ants. Refer to the Nature (Aug. 2000) study of robots trained to behave like ants, presented in Exercise 10.35 (p. 553). Multiple comparisons of mean energy expended for...
Sweetness of orange juice. Refer to Exercise 11.32 (p. 629) and the simple linear regression relating the sweetness index (y) of an orange juice sample to the amount of water-soluble pectin (x) in...
The Hydro-Electric Company (HEC) has three sources of power. A small amount of hydroelectric power is generated by damming wild and scenic rivers: a second source of power comes from burning coal,...
Consider the following information from the income statement of Leighton Company: Contribution margin ratio 40% Fixed expenses $140,000 Selling price $100 Target profit $120,000 Unit contribution...
In 2010, if Cinnamon is deemed to have control over Cambridge, it will most likely account for its investment in Cambridge using: A. the equity method. B. the acquisition method. C. proportionate...
In 2009, Cinnamons earnings before taxes includes a contribution (in millions) from its investment in Cambridge Processing that is closest to: A. 3.8. B. 5.8. C. 7.6. Cinnamon, Inc. is a diversified...
Evaluate the integral. *3 L (a? 3) dx -2
What is the logical ending point of a sequential game that starts at position (2,8) with player 1 moving first? Show your work. Player 1 Strategy B Strategy A Strategy A Player 2 Strategy B (3,4)...
Problem A-6 Income and Retained Earnings Statements Peanut Corporation is a private corporation using ASPE. At December 31, 2017, an analysis of the accounts and discussions with company officials...
8.5 Area Between Curves (dy) Calculus-Calculator Allowed Mastery Check #2 Name: Date: Period: For 1-2, find the area of the region bounded by the following curves. Show the integral set up with...
Your company has a travel policy that reimburses employees for the "ordinary and necessary" costs of business travel. Employees often mix a business trip with pleasure by either extending the time at...
Simulation A: 1 Diameter 600 mm 2 Focal Length 1800 mm 3 F/D Ratio 3 4 Eyepieces 30 m 5 Barlow? N 6 Celestial Sights M42 - M31 - M51 Simulation B: 1 Diameter 150 mm 2 Focal Length 1800 mm 3 F/D Ratio...
Which of the following can be true? If an answer is false, state why it is false a. The CDF Fx(x) can be negative. b. The density fx(x) can be negative. c. The mass px(x) can be negative.
Suppose the index goes to 18 percent in year 5. What is the effective cost of the unrestricted ARM?
How would your local newspaper be affected if local supermarkets switched their weekly advertising and instead used a service that delivered weekly freestanding ads directly to each home?
Explain why P&G and other consumer packaged goods firms are trying to cut back on some types of sales promotion like coupons for consumers and short-term trade promotions such as buy a case and get a...
Discuss some ways that a firm can link its sales promotion activities to its advertising and personal selling effortsso that all of its promotion efforts result in an integrated effort.
Assignment Title: The Role of Bookkeeping in Business Management and Financial Reporting Objective: Understand the importance of proper bookkeeping procedures in the management of...
17) The adjustment that is made to allocate the cost of a building over its expected life is called:A) depreciation expense.B) residual value.C) accumulated depreciation.D) None of the above answers...
9) Prepaid Rent is considered to be a(n):A) liability.B) asset.C) contra-asset.D) expense.10) As Prepaid Rent is used, it becomes a(n):A) liability.B) expense. C) contra-asset.D) contra-revenue.11)...

Branch (a fictitious company) purchases a 20% interest in Williams (a fictitious company) for 200,000 on 1

Question:

2010 2011 2012 Income 200,000 300,000 400,000 900,000 Dividends 50,000 100,000 200,000 350,000

Step by Step Answer:

Investment in Williams at 31 December 2012 Initial cost Equity income 2010 Dividends ...View the full answer

International Financial Statement Analysis CFA Institute Investment Series

Students also viewed these Business questions