Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jul 13, 2024

On 1/1/2020 Company Pacquired 80% of Company S for 120000 JD. On 31/12/2021 Company S declared dividends 52000 JD. Using cost method P will record

On 1/1/2020 Company Pacquired 80% of Company S for 120000 JD. On 31/12/2021 Company S declared dividends 52000 JD. Using cost method P will record dividends income: : Select one: O a. 40800 O b. 41600 O c. 42400 O d. 43200

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Application Of Quantitative Techniques For The Prediction Of Bank Acquisition Targets

Authors: Pasiouras Fotios

1st Edition

9812565183, 9789812565181

More Books

Students also viewed these Accounting questions

Question

★★★★★

Use the same formula to show that 12,570 joules are required to raise the temperature of the same mass (0.30 kg) of water through the same temperature interval. For the specific heat capacity c, use...

Answered: 1 week ago

Question

★★★★★

Information Technology Service Management ( ITSM ) is an IT management framework that implements the components of ITIL. Question 4 7 options: True False

Answered: 1 week ago

Question

★★★★★

When is the application deadline?

Answered: 1 week ago

Question

★★★★★

The Simple Simon Bakery produces fruit pies for freezing and subsequent sale. The bakery, which operates 5 days per week, 52 weeks per year, can produce pies at the rate of 64 pies per day. The...

Answered: 1 week ago

Question

★★★★★

Would you expect the consolidated income statement to report higher net income than shown in the parent's separate financial statements? Explain. A. Usually the parent uses the equity method on its...

Answered: 1 week ago

Question

★★★★★

Required information Exercise 7 - 7 A ( Algo ) Effect of recognizing uncollectible accounts on the financial statements: percent of receivables allowance method L 0 7 - 2 [ The following information...

Answered: 1 week ago

Question

★★★★★

In 2001, a commercial aircraft lost all power while flying at 10,000 m over the Atlantic Ocean, about 100 km from the Azores Islands. The skilled pilot put the plane into a gliding mode and...

Answered: 1 week ago

Question

★★★★★

Domino's Pizza franchises in New York were sued by the state of New York in 2016for wage theft at 10 stores.Under New York law, a corporation and a franchiser are joint employers if they meet certain...

Answered: 1 week ago

Question

★★★★★

Consider the EMPLOYEE database schema shown in Figure 4.6. Write PHP code to create the tables of this schema. Figure 4.6: A specialization lattice with shared subclass ENGINEERING_MANAGER. EMPLOYEE...

Answered: 1 week ago

Question

★★★★★

When reading a resistor's color bands: The first two colored bands, pulled from Table 1, represent the first and second digits of the resistance, respectively The third colored band, pulled from...

Answered: 1 week ago

Question

★★★★★

8. Consider a cantilever viewing platform extending over the rim of a cliff as shown below. In an unsafe situation, the platform would pivot about the cliff's edge. Without fixing bolts, what is the...

Answered: 1 week ago

Question

★★★★★

plan how to achieve impact in practice from your research;

Answered: 1 week ago

Question

★★★★★

take courage and go public with your work in order to share your learning;

Answered: 1 week ago

Question

★★★★★

communicate your research to non-academic audiences in an impactful and credible way.

Answered: 1 week ago

Previous Question Next Question