Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Jasper inc holds 30% of the outstanding voting shares of kinson co. and appropriately applies the equity method of accounting. Amortization associated with this investment equals 11,000 per year. For 20x1 , Kinson reported earings of 100,000 and paid cash dividends of $40,000. During 20x1, Kinson acquired inventory for $62,400. Which was then sold to jasper fpr $96,000. at the end of 20x1 , jasper still had some of this inventory at its transfer price of 50,000
1. Determine the amount of intra- entity at the end of 20x1
2. Determine the amount of equity in investee income that Jasper should have reported fpr 20x1
You're supposed to use the data for budget and actual as given in Exhibit 8-12, as the basis to prepare a flexible budget for the company at forecasted revenue levels of $12.6 million, $13 million, and $13.4 Million.
cvp analysis- variation in salesunderstanding the effects of operating leverage high tech inc. and old time co compete
The car was subsequently repossessed. When reacquired , the car was appraised to have a fair value of P300,000, What is the gain (loss ) on repossession? Under the installment method , how much is the realized gross profit to be recognized a th..
Breakeven analysis adjusted for a targeted profit
Graynold Company reported the following balances at December 31, 2013: common stock $401,840; paid-in capital in excess of par value $103,820; retained earnings $241,940. During 2014, the following transactions affected stockholder's equity.
Analyze the Chipmunk Company's ratios for both years and compare the figures with the given industry ratios - Calculate the 2008 and 2007 liquidity and equity ratios identified in the Ratio Analysis table included with the case study.
A recent newspaper article describing no-frills fitness centers indicated that a Snap Fitness site might require only 300 members to break even. Using the information provided above, and your knowledge of CVP analysis, estimate the amount of vari..
corporate ethics and fraud have received much media attention through reporting of scandals at major corporations. you
For the past four years, three companies have dominated the soft drink industry, holding a combined 85 percent of market share. Wonder Cola Inc., ranks second nationally in soft drinks sales. Its management is thinking about introducing a new low-cal..
Product X and Y are sold in equal amounts. How many units of Product X must be sold in order to breakeven if the company has $100,000 in fixed costs?
An aging of accounts receivable accounts results in an estimate of $9,000 of uncollectible accounts receivable. Compute Uncollectible Accounts Expense and the ending balance of the Allowance for Uncollectible Accounts using
question 1since easing the credit policy generally lengthens the collection period and worsens the aging schedule why
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd