User Account

All Pages

Determine the book value of the investment

Assignment Help Accounting Basics
Reference no: EM132631853

Problem - On January 2, 2018, All Good Company purchased 10.000 shares of the stock of Big Bad Company, and DID obtain significant influence. The investment is intended as a long term investment. The stock was purchased for $13 per share, and represents a 30% ownership stake. Big Bad Company made $200.000 of net income in 2018, and paid dividends to All Good Company of $30.000 on December 15. 2018. Big Bad Company's stock was trading on the open market for $19 per share at the end of the Year. Use this information to determine the book value of the investment that should be reported at year end by All Good Company.

Reference no: EM132631853

Questions Cloud

Missouri can company case : Develop a five-year strategic plan with cost estimates and a time line. Describe the situation facing Missouri Can Company (MCC) at the time of the case.
Kirkpatrick taxonomy : Describes the advantages and disadvantages of using Kirkpatrick's taxonomy.
Compute the break-even sales barrels for the current year : In addition, assume that BeerBev sold 58,000 barrels of beer during the year. Compute the break-even sales (barrels) for the current year.
Apple is beta-testing an update that kills evasion jailbreak : Read the article Apple is Beta-testing an Update that Kills Evasion Jailbreak. In the textbook,
Determine the book value of the investment : Use this information to determine the book value of the investment that should be reported at year end by All Good Company
Analyze the data about the machine : Analyze the data about the machine. Use the evaluation approaches in analysis Payback period method (round to one decimal place)
Determine the dollar value of the interest expense : Baltimore uses the straight-line method for amortization. Use this information to determine the dollar value of the interest expense for the 2018 fiscal year
Evaluating projects in global markets : Analyze the main factors that an organization should consider in determining the required rate of return for evaluating projects in global markets
How much was depreciation expense : This resulted in a loss of $15100. Assuming that no other assets were disposed of during the year, how much was depreciation expense for 2020

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +91-977-207-8620

Phone: +91-977-207-8620

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd