How does the debt-to-equity ratio for consolidated financial statements compare to the debt-to-equity ratio for the parents

Question:

How does the debt-to-equity ratio for consolidated financial statements compare to the debt-to-equity ratio for the parent’s separate entity financial statements at the date of acquisition? Briefly explain.

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

Step by Step Answer:

Related Book For book-img-for-question

Modern Advanced Accounting In Canada

ISBN: 9781260881295

10th Edition

Authors: Hilton Murray, Herauf Darrell

See More Books

Question Posted: Jun 21, 2023 05:24 AM

See More Questions

Estimate the risk parameters for your company and use these parameters to estimate costs of equity and capital for the firm. Key Steps 1. Looking at the stock price history of your company, evaluate...
Financial information for American Eagle is presented in Appendix A at the end of the book, and financial information for Buckle is presented in Appendix B at the end of the book. Required: 1....
1. Based on the information provided in the case below, what is the key strategic goal for Tim Hortons as of August 2014? It would be a year of dramatic change for Tim Hortons Inc. On August 26,...
A physical pendulum of mass m = 3 . 3 6 kg is comprised of an odd shape that has a centre - of - mass a distance of d = 0 . 5 5 5 m from the pivot point. The pendulum is displaced from equilibrium to...
The partial work sheet for Ho Consulting for May follows: Required 1. Write the owners name on the Capital and Drawing T accounts. 2. Record the account balances in the T accounts for owners equity,...
Why may exible budgets be more important to a governments business-type activities than to its governmental activities?
Nelson describes the position of turkey administrator created by a specific company. What does this new position tell us about the importance of valence in motivation? LO.1
The following data elements comprise the conceptual-level schema for a database: Billing address Cost Credit limit Customer name Customer number Description Invoice number Item number Price Quantity...
don't copy old Answer already checked previous Answer Compute Proprietary Ratio From the following Particulars $ Equity Share Capital 5,00,000 Preference Share Capital 2,70,000 Reserves and Surplus...
Gabrielle Ltd. purchased 80% of the outstanding shares of Gunn Ltd. Before the purchase, Gunn had a deferred charge of $10.5 million on its balance sheet. This item consisted of organization costs...
Access the 2020 consolidated financial statements for Kirkland Lake Gold Ltd. (KL) by going to the investor relations section of the companys website. Answer the questions below. Round percentages to...
Can the package design of a food product influence how the consumer will rate the taste of the product? A team of experimental psychologists reported on a study that examined how rounded or angular...
How has face book influenced political candidate's electoral success? What is the relationship between social media technology called face book and electoral success?
1. Discuss the international strategies that organizations can pursue 2. Identify and compare the various modes of of foreign market entry 3. Analyse the industry market 4. Evaluate relevant macro...
A bulk carrier was underway. The vessel was in ballast and hold washing was scheduled in preparation for taking the next cargo. An officer, bosun, and another deck crew conducted a risk assessment...
8. Neutrino radiation was observed over a certain period and the number of hours in which 0, 1, 2,... signals were received was recorded. 0 1 Number of Number of Hours with Signals per Hour This...
What are some advantages and disadvantages of centralization and decentralization. References: Altamimi, H., Liu, Q., & Jimenez, B. (2023). Not Too Much, Not Too Little: Centralization,...
The following facts apply to Blue Bird Corporation (Employer Identification Number: 12-3456289) in 2016. Blue Bird is not a "small corporation" and operates on a calendar year. Taxable income before...
The following selected accounts and normal balances existed at year-end. Notice that expenses exceed revenue in this period. Make the four journal entries required to close the books: Accounts...
Access the 2011 financial statements for Goldcorp Inc. by going to investors relations section of the companys website. Answer the same questions as in Problem 1. For each question, indicate where in...
Access the 2011 financial statements of Rogers Communications Inc. by going to the investor's relations section of the company's website. Answer the questions below. Round percentages to one decimal...
Regina Communications Ltd. develops and manufactures equipment for technology and communications enterprises. Since its incorporation in Year 5, it has grown steadily through internal expansion. In...
All else constant, if the yield to maturity of a bond increases, the the value of the bond __________. a. increases b. decreases c. remains the same d. not enough information To answer enter a, b, c,...
Martha s Vineyard Marine Supply is a wholesaler for a large variety of boating and fishing equipment. The company s controller, Mathew Knight, has recently completed a cost study of the firm s...
1. Compute the productivity profiles for each year. If required, round your answers to two decimal places. 2a. Did productivity improve? 2b. Explain why or why not

How does the debt-to-equity ratio for consolidated financial statements compare to the debt-to-equity ratio for the parents

Question:

Step by Step Answer:

The debttoequity ratio for consolidated financial statements will typically be highe...View the full answer

Modern Advanced Accounting In Canada

Students also viewed these Business questions