Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Sep 23, 2024

STU acquired 40% of VWX for 250,000. The latter's profits in the year after the takeover were 60,000. Calculate the investment in VWX to be

image text in transcribed

STU acquired 40% of VWX for 250,000. The latter's profits in the year after the takeover were 60,000. Calculate the investment in VWX to be disclosed in STU's group accounts. A) 250,000 274,000 280,000 310,000 [02 marks]

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

Secured Finance Transactions Key Assets And Emergin Markets

Authors: Paul U Ali

1st Edition

1905783108, 978-1905783106

More Books

Students also viewed these Finance questions

Question

★★★★★

A magnetic field exerts a torque T on a round current carrying loop of wire. What will be the torque on this loop (in terms of T) if its diameter is tripled?

Answered: 1 week ago

Question

★★★★★

What role do subjective judgments play in decision analysis?

Answered: 1 week ago

Question

★★★★★

IfC [L,U] is a 1 confidence interval for 2 find a confidence interval for the standard deviation .

Answered: 1 week ago

Question

★★★★★

Dylan Corporation pays dividends at the end of each year. The dividends that it paid for 2010, 2011, and 2012 were $80,000, $60,000, and 180,000, respectively. Calculate the total amount of dividends...

Answered: 1 week ago

Question

★★★★★

STU acquired 40% of VWX for 250,000. The latter's profits in the year after the takeover were 60,000. Calculate the investment in VWX to be disclosed in STU's group accounts. A) 250,000 274,000...

Answered: 1 week ago

Question

★★★★★

Question One Papa Biemba Co Ltd purchased land adjacent to its plant to improve access for trucks making deliveries. Expenditures incurred in purchasing the land were as follows: purchase price to be...

Answered: 1 week ago

Question

★★★★★

It is estimated that 28% of all adults in the United States invest in stocks and that 83% of U.S. adults have investments in fixed income instruments (savings accounts, bonds, etc.). It is also...

Answered: 1 week ago

Question

★★★★★

Stillwater Stationery has two business segments, the Paper Segment and the Writing Implement Segment. The contribution margin for the Paper Segment is $98,000 and the contribution margin for the...

Answered: 1 week ago

Question

★★★★★

Answer these questions for an upvote! In "Are prison diets punitive? A report from behind bars" Lupa Grant and Zahara Green describe prison diets as a public health problem. For this your initial...

Answered: 1 week ago

Question

★★★★★

How do you say "At 9:45" in Spanish? a.) A las diez menos cuarto. b.) Es las diez cuarenta y cinco. c.) A las nueve y quince. d.) Son las nueve y cuarto

Answered: 1 week ago

Question

★★★★★

Part 3 of 5 - Game Theory Battle Between Two Chip Firms The following is a classic normal form game that depicts the pricing rivalry between Intel and AMD for their newest top-oftheline microchip....

Answered: 1 week ago

Question

★★★★★

Understand the difference between job analysis, job description and person specifi cation.

Answered: 1 week ago

Question

★★★★★

Understand the importance of current HR issues, including the drive for talent management, the development of engagement strategies and the uses and diffi culties involved in shared services.

Answered: 1 week ago

Question

★★★★★

10-9 How have social technologies changed e-commerce?

Answered: 1 week ago

Previous Question Next Question