Suppose P Company received $20,000 in cash dividends from Y Company, a 40% owned affiliated company. Y
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 58% (12 reviews)
Under the direct method the body of the statement of cash flows would show the 20000 div...View the full answer
Answered By
Ali Khawaja
my expertise are as follows: financial accounting : - journal entries - financial statements including balance sheet, profit & loss account, cash flow statement & statement of changes in equity -consolidated statement of financial position. -ratio analysis -depreciation methods -accounting concepts -understanding and application of all international financial reporting standards (ifrs) -international accounting standards (ias) -etc business analysis : -business strategy -strategic choices -business processes -e-business -e-marketing -project management -finance -hrm financial management : -project appraisal -capital budgeting -net present value (npv) -internal rate of return (irr) -net present value(npv) -payback period -strategic position -strategic choices -information technology -project management -finance -human resource management auditing: -internal audit -external audit -substantive procedures -analytic procedures -designing and assessment of internal controls -developing the flow charts & data flow diagrams -audit reports -engagement letter -materiality economics: -micro -macro -game theory -econometric -mathematical application in economics -empirical macroeconomics -international trade -international political economy -monetary theory and policy -public economics ,business law, and all regarding commerce
4.00+
1+ Reviews
10+ Question Solved
Related Book For
Introduction to Financial Accounting
ISBN: 978-0133251036
11th edition
Authors: Charles Horngren, Gary Sundem, John Elliott, Donna Philbrick
Question Posted:
Students also viewed these Accounting questions
-
a) What is multicollinearity? What do perfect and imperfect mulitcollinearity mean? How do you b) How do perfect and imperfect multicollinearity affect estimation? Is it always a problem? c) What is...
-
The SCF for MacLaren Supplies Limited, using the direct method of presentation for operating activities, is shown below. Required: 1. Some of the items included in operating activities, above, may be...
-
Using the direct method of allocation, assume an overhead department has $100,000 in expenses, there are two revenue producing departments, Dept A and Dept B, and costs are allocated based on number...
-
Fill in the Blanks The giant tubeworms found in the hydrothermal vents are called lack both a gut and a mouth. Instead, they have an organ called a (types of elements, e.g. potassium, sulfur,...
-
1. An increase in the economic well-being, quality of life, and general welfare of a nations people is called what? 2. What is the name given to the forced transfer of assets from a company to the...
-
What lessons can we draw from ancient libraries and librarianship for the creation, storage and preservation of knowledge?
-
From the following data, calculate (a) sales price variance, (b) sales volume variance and (c) sales mix variance: Product Standard Actual Units Price per unit Units Price per unit A 1,500 Rs 30...
-
Table P-8 contains a time series with 126 observations. Using a computer program for ARIMA modeling, obtain a plot of the data, the sample autocorrelations, and the sample partial autocorrelations....
-
Handal Corporation uses activity-based costing to compute product margins. Overhead costs have already been allocated to the company's three activity cost pools--Machining, Order Filling, and other....
-
A computer whose processes have 1024 pages in their address spaces keeps its page tables in memory. The overhead required for reading a word from the page table is 5 nsec. To reduce this overhead,...
-
Why might a company prefer to own a 19.9% interest in an affiliate instead of a 20.1% interest?
-
Why do noncontrolling interests arise in connection with consolidated statements but not with investments in affiliated companies accounted for under the equity method?
-
Chen Brothers, Inc., sold 4 million shares in its IPO, at a price of $18.50 per share. Management negotiated a fee (the underwriting spread) of 7% on this transaction. What was the dollar cost of...
-
Directions: Put your feet in the shoes of the business owner and suggest specific ways on how a business can gain profit and how it can be avoid loss Ways to Gain Profit 1. 2. 3. 4. 5. 1. 2. 3. 4. 5....
-
Define business intelligence Briefly discuss how your organisation can use business intelligence to improve decision-making Please see below rubric as guidance. Kindly list references in APA 7th...
-
Mr Santos apply for college educational plan for his 3 children .The 3 children ages are 6 yrs old , 3 yrs old and 1 yr old. The fund will be set-up the deposit of a fixed sum on the child's current...
-
Recovery Centers of America needs to acquire new vehicles that will cost $2.5 million across its six state service area. It plans to use the vehicles for three years, at which time new vehicles will...
-
The following program is supposed to allow the user to enter a list of numbers, then print them out formatted with 2 decimal positions. However, there are 3 errors. Indicate the line number of each...
-
Abbott Laboratories is a diversified health care company devoted to the discovery, development, manufacture, and marketing of innovative products that improve diagnostic, therapeutic, and nutritional...
-
An interest bearing promissory note for 90 days at 5.6% p.a. has a face value of $120,000. If the note is discounted 20 days after the issue date at a rate of 6.8% p.a., calculate the amount of...
-
What is the five-step process that managers can use to make decisions?
-
The stockholders' equity section of Kay Corporation at the end of the current year showed: 1. What is the dollar amount to be reported for preferred stock? 2. What is the average price for which...
-
The following account balances, before any closing entries, appear on the books of Spring Company as of December 31, 2012: Retained Earnings (balance at January 1, 2012) . . . . . . . . . . . . . . ....
-
The following information relates to Larkin Company: a. Larkin Companys net income for the year was $50,000. b. Larkin Company has an investment portfolio for long-term investment purposes. That...
-
thumbs up if correct A stock paying no dividends is priced at $154. Over the next 3-months you expect the stock torpeither be up 10% or down 10%. The risk-free rate is 1% per annum compounded...
-
Question 17 2 pts Activities between affiliated entities, such as a company and its management, must be disclosed in the financial statements of a corporation as O significant relationships O segment...
-
Marchetti Company, a U.S.-based importer of wines and spirits, placed an order with a French supplier for 1,000 cases of wine at a price of 200 euros per case. The total purchase price is 200,000...
Study smarter with the SolutionInn App