A The balance sheets of P Ltd and S$ Ltd are as follows: Investment in subsidiary: 120,000
Question:
A The balance sheets of P Ltd and S$ Ltd are as follows:
Transcribed Image Text:
Investment in subsidiary: 120,000 shares bought 31.12.19X3 Fixed assets Current assets Share capital Profit and loss account: As at 31.12.19X3 Add Profit for 19X4 P Balance Sheet as at 31 December 19X4 230,000 300,000 75,000 605,000 500,000 64,000 41,000 105,000 605,000
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (1 review)
Answered By
Hassan Imtiaz
The following are details of my Professional Experience. Responsibilities Eight years of demanding teaching experience in the field of finance and business studies at Master’s Level. Completion of the given tasks within given time with quality and efficiency. Marketing professional with practical experience in and solid understanding of a diverse range of management applications, including market analysis, sales and marketing, team building and quality assurance. I have excellent skills to approach deal and sustain corporate clients / customers by demonstrating not only extraordinary communication and interpersonal skills but also high caliber presentation, negotiation and closing skills. Manage and follow up the day-to-day activities. Manage and co-ordinate the inventories. Fulfillment of all the tasks assigned.
The following are details of my Areas of Effectiveness. Finance 1. Corporate Finance 2. Advanced Corporate Finance 3. Management of Financial Institutions 4. International Financial Management 5. Investments 6. Fixed Income 7. Real Estate Investment 8. Entrepreneurial Finance 9. Derivatives 10. Alternative Investments 11. Portfolio Management 12. Financial Statement Analysis And Reporting (US GAAP & IFRS) 13. International Financial Markets 14. Public Finance 15. Personal finance 16. Real estate 17. Financial Planning Quantitative Analysis 1. Time Value Of Money 2. Statistics 3. Probability Distribution 4. Business Statistics 5. Statistical Theory and Methods Economics 1. Principles of Economics 2. Economic Theory 3. Microeconomic Principles 4. Macroeconomic Principles 5. International Monetary Economics 6. Money and Banking 7. Financial Economics 8. Population Economics 9. Behavioral Economics International Business 1. Ethics 2. Business Ethics 3. An introduction to business studies 4. Organization & Management 5. Legal Environment of Business 6. Information Systems in Organizations 7. Operations Management 8. Global Business Policies 9. Industrial Organization 10. Business Strategy 11. Information Management and Technology 12. Company Structure and Organizational Management Accounting & Auditing 1. Financial Accounting 2. Managerial Accounting 3. Accounting for strategy implementation 4. Financial accounting 5. Introduction to bookkeeping and accounting Marketing 1. Marketing Management 2. Professional Development Strategies 3. Business Communications 4. Business planning 5. Commerce & Technology Human resource management 1. General Management 2. Conflict management 3. Leadership 4. Organizational Leadership 5. Supply Chain Management 6. Law 7. Corporate Strategy Creative Writing 1. Analytical Reading & Writing Other Expertise 1. Risk Management 2. Entrepreneurship 3. Management science 4. Organizational behavior 5. Project management 6. Financial Analysis, Research & Companies Valuation 7. And any kind of Excel Queries
4.80+
150+ Reviews
230+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
The following are the summarised balance sheets of P Ltd and S Ltd at 31 December 20X6. There were no additions or disposals of fixed assets by the group during the year. (b) P Limited acquired its...
-
The following are the summarised balance sheets of P Ltd and S Ltd at 31 December 19X6. There were no additions or disposals of fixed assets by the group during the year. (b) P Limited acquired its...
-
A Draw up a consolidated balance sheet from the balance sheets of P Ltd and S Ltd that were drafted immediately the shares in S Ltd were acquired by P Ltd. P Balance Sheet Investment in S Ltd: 63,000...
-
The following data applies to the two unrelated companies Lloyd Ltd and Cole Ltd: All taxable and deductible temporary differences relate to the profit or loss. Assume a corporate tax rate of 30%. A....
-
The lattice constant of BaTiO3, a ceramic material used to make capacitors, for the cubic crystal structure is 4 . This material is analyzed using copper K- radiation of wavelength 1.54 . What will...
-
The following excerpts are taken from the annual report of J. Crew Group, Inc. At January 29, 2005 and January 28, 2006, 92,800 shares of Series A preferred stock and 32,500 shares of Series B...
-
The following trial balance was extracted on 31st December 1997 from the books of Swastik Company Limited Contractors: Rs Rs Share capital: shares of Rs 10 each 3,51,800 Profit and loss account on...
-
Beta Corporation reports the following results for the current year: Gross income from operations . $180,000 Dividends from less-than-20%-owned domestic corporations . 100,000 Operating expenses .....
-
XYZ company, based in the US, plans to finance in Japanese yen. The interest rate will be 10%. It has used a currency contract to lock in a 2% appreciation of the yen vs. the USD. What is the...
-
X plc acquired 80 per cent of the ordinary share capital of Y plc on 1 January \(19 \mathrm{X} 6\) for \( 300,000\). The lists of balances of the two companies at 31 December 19X6 were as follows:...
-
Draw up a consolidated balance sheet as at 31 December \(19 \times 9\) from the following information. Investment in subsidiary: 30,000 shares bought 31.12.19X8 Fixed assets Current assets Share...
-
Using trade restrictions to save domestic jobs a. usually forces consumers to pay higher prices. b. usually redistributes jobs from other industries to the protected industry. c. may provoke other...
-
The Tokyo Olympics. After watching how the tokyo olympics became the most expensive summer game ever video answer the following questions. Q 3 : As you saw in the video, the capital investment a city...
-
write at least two paragraphs discussing the experiences of individuals who identify outside the traditional binary gender system (male/female.) Please explore the challenges they face and how...
-
Newly formed S&J Iron Corporation has 163,000 shares of $5 par common stock authorized. On March 1, Year 1, S&J Iron issued 9,000 shares of the stock for $12 per share. On May 2, the company issued...
-
Use the SMOKE for this question. The variable cigs is the number of cigarettes smoked per day. How many people in the sample do not smoke at all? What fraction of people claim to smoke 20 cigarettes...
-
Transcribed image text : Reproduced below from Farthington Supply's accounting records is the accounts receivable subledger along with selected general ledger accounts. Dec. 31/19 Balance Credit...
-
Two independent methods of forecasting based on judgment and experience have been prepared each month for the past 10 months. The forecasts and actual sales are as follows: a. Compute the MSE and MAD...
-
Define a traverse in Surveying?
-
You would like to have a balance of $600,000 at the end of 15 years from monthly savings of $900. If your returns are compounded monthly, what is the APR you need to meet your goal?
-
Explain the importance of covariance and correlation between assets and understanding the expected value, variance, and standard deviation of a random variable and of returns on a portfolio.
-
On August 1 , 2 0 2 3 , Mark Diamond began a tour company in the Northwest Territories called Millennium Arctic Tours. The following occurred during the first month of operations: Aug. 1 Purchased...
Study smarter with the SolutionInn App