50000 1/1/2020 Company X bought 90% of the shares, 5 Company Y, and this resulted in a...
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50000 1/1/2020 Company X bought 90% of the shares, 5 Company Y, and this resulted in a holding and dependent relationship between the two companies. For this reason, Company X issued a share with a nominal value of one dinar and the market value of 4 dinars per share, and paid 80,000 dinars in cash, as well as 4,000 dinars for merger expenses and 5,000 dinars for share issuance expenses. What is the investment amount in * the subsidiary? (1 Point
A) 200,000
b) 209,000
c)289,000
d)280,000
On 9/1/2018, Company X purchased 75% of the shares of Company Y for 150,000 dinars, resulting in a holding and subsidiary relationship between the two companies. The partial goodwill appeared in the consolidated balance sheet at the date of acquisition, at a value of 30,000 dinars.
a)112500
b)120000
c)180,000
d)160,000
Company X owns 60% of the shares of Company Y, so if 2 learns that Company X sold goods to Company Y for 200,000 dinars during the year 2019 and that the cost of the goods was 150,000 dinars and Company Y sold of this commodity to the external market for an amount of 19,000 dinars, then the value Unrealized profit from this deal *: in Company X's books is 80% Points)
a) 10 k
b) 20k
c) 90k
d) 50k
Related Book For
Smith and Roberson Business Law
ISBN: 978-0538473637
15th Edition
Authors: Richard A. Mann, Barry S. Roberts
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