Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Pagoli Corporation adquiere el 30% de las acciones ordinarias con derecho a voto en circulacin de Inform Corporation por $600,000. Pagoli Corporation adquiere la inversin

Pagoli Corporation adquiere el 30% de las acciones ordinarias con derecho a voto en circulacin de Inform Corporation por $600,000. Pagoli Corporation adquiere la inversin en Inform Corporation mediante la compra de acciones previamente emitidas de Inform Corporation a otros inversores.

Entre el momento de la adquisicin y el final del prximo perodo contable de Pagoli Corporation, Inform Corporation reporta ganancias de $80,000; y paga un dividendo de $30,000 a los tenedores de sus acciones ordinarias.

Inform Corporation reporta ganancias de $100,000 y paga dividendos de $40,000 durante el perodo contable subsiguiente.

La cuenta de inversin en acciones de Inform Corporation de Pagoli Corporation ahora tiene un saldo de:

a.

$609,000

b.

$ 621,000

C.

$633,000

d.

$642,000

mi.

$657,000

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

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

Step: 2

blur-text-image

Step: 3

blur-text-image

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

Auditing And Assurance Services

Authors: Alvin A. Arens, Randal J. Elder, Mark S. Beasley, Chris E. Hogan

16th Global Edition

1292147989, 978-1292147987

More Books

Students also viewed these Accounting questions