### Upstream or downstream sale

Assignment Help Accounting Basics
##### Reference no: EM13122981

Many times the sale of inventory is referred to as upstream and downstream. However, how is it treated if it is from one sub to another? Is the sale of inventory from one sub to another treated in the same manner as an upstream or downstream sale? Please support your response.

#### Each share of stock after the stock split

On February 15, Company A declares a 2 for 1 stock split effective on March 1. The stock price on February 15 is \$110 and the stock price on March 1 is \$115. What is the

#### Rate of return on common stockholders equity

Jennifer Company reports the following amounts for 2010: Net income \$135,000 Average stockholder's equity 500,000 Preferred dividends 35,000 Par value preferred stock 100,000

#### Cca-rental income-beta corporation

Beta Corp. purchased two rental properties in 2006. Building X cost \$40,000; building Y cost \$200,000. The buildings earned the following income or loss during fiscal 2006.

#### What amount of cash should be reported

Modern Mother Magazine has received cash subscriptions on April 1, 2009 in the amount of \$3,600,000 for the next three years. Their year-end is December 31, 2009.

#### Report in its income statement for the year ended december

In the situation described in BE 15-8, what would be the pretax amounts related to the lease that the lessee would report in its income statement for the year ended December 3

#### A company sells one model of an exercise bicycle

A company sells one model of an exercise bicycle which sells for \$500 each and has a \$300 per unit variable cost. The company has \$80,000 of fixed costs per quarter. Observe t

#### Net deferred income taxes

Assuming the lawsuit was resolved in February of 2012 (at which time a \$200,000 loss was recognized for tax purposes) and that Begal's tax rate is 30 percent for both 2011 a

#### Which would require expensing for options issued

How do the provisions of GAAP in this area differ from the bill introduced by members of Congress (Dreier and Eshoo), which would require expensing for options issued to onl

### Write a Review

#### Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!