On January 1, Year 5, Pic Company acquired 7,500 ordinary shares of Sic Company for $699,000. On January 1, Year 6, Pic Company acquired an additional 2,000 ordinary shares of Sic Company for $211,000. On January 1, Year 5, the shareholders' equity of Sic was as follows:
Ordinary shares (10,000 no par value shares issued)$200,000Retained earnings 336,000 $536,000
The following are the statements of retained earnings for the two companies for Years 5 and 6:
Pic Sic Year 5Year 6 Year 5Year 6Retained earnings, beginning of year$572,000 $646,500$336,000 $374,500 Profit 174,500145,500128,500145,000 Dividends (100,000) (120,000)(90,000) (90,000)Retained earnings, end of year$646,500 $672,000$374,500 $429,500
Additional Information
Pic uses the cost method to account for its investment in Sic.
Any acquisition differential is allocated to customer contracts, which are expected to provide future benefits until December 31, Year 7. Neither company has any customer contracts recorded on their separate-entity records.
There were no unrealized profits from intercompany transactions since the date of acquisition.
Required:
(a) Calculate consolidated profit attributable to Pic's shareholders for Year 6. (Omit $ sign in your response.)
Consolidated profit$
(b) Calculate the following account balances for the consolidated statement of financial position at December 31, Year 6: (Omit $ sign in your response.)
(i)Customer contracts$ (ii)Non-controlling interest$ (iii)Retained earnings$
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Returns None (modifies the array a). fill_one() can assume that any_fi11ab1e( ) is True . . fill_sim(n,r=1) : creates an array of length n and fills it until there are no fillable spaces left; returns the filled array . count_sim(n, r=1) : calls fill_sim and computes the proportion of filled spaces in the resulting array Create a 2dimensional array with 10 rows and 20 columns. Fill it with the results of fill_sim( ) for radii from 1 to 10 and array sizes from 15 to 49. Create a plot that displays the contents of the array (probably using matplotlib.pyplot .plot( ) ). Submit your code in the drobox as macid_proj_package.py and your plot as macid_proj_package. png City of San Diego monitors the water treatment plant effluent for turbidity, disinfection byproducts, etc. and submit the monthly report to ........ agency. Question 2 10 p Helix Water District samples source water for total coliform, fecal coliform and EColi and submit monthly reports to .......agency.Matrix Multiplication In this problem, you will design a programme that performs matrix multiplication. It is recommended that you design a function to do so. For any two given matrix A. b of dimension Nx M and M >( L. the product matrix is a matrix C of dimension N x L. and the equation For such computation Is: 61; = E}: ark ' bk; For Python formatting Use format to preserve two decimal digits. " {2 .21'} " .format(a_float) CU\" Input Specication The rst line will contain one integer T. which is the number oftest cases in the problem {1
