Explain the meaning of each of the 2008 disclosures

Assignment Help Finance Basics
Reference no: EM131414381

The 2008 IFRS-based financial statements of EADS N.V., the owner of Airbus, the Frenchbased airline manufacturer, included the following account information (in million euros).

1418_e7f1cd86-0d1f-4d1f-b051-26e7225490e7.png

REQUIRED:

a. Explain the meaning of each of the 2008 disclosures.

b. Estimate the balance sheet carrying amount of the investments in associates disposed of during 2008. (Hint: Attempt to recreate the activity in the "investments in associates accounted for under the equity method" account.)

c. Was there a gain or loss on the disposal? How large?

Reference no: EM131414381

Questions Cloud

Discuss the reasons underlying the 2008 amounts : Compute the actual write-offs recognized by JPMorgan Chase in 2006, 2007, and 2008. Comment on JPMorgan Chase's annual estimates. Discuss the reasons underlying the 2008 amounts.
How familiar candidates are with handling the cultural issue : Before the second-round interview, Rockfish has decided to ask you to devise a set of questions that will help elicit information as to how familiar the candidates are with handling the cultural diversity issues the job will present.
What is compelling about this category : Select ONE (1) category from the completed World View Chart. Provide a rationale for choosing this category. What is compelling about this category? Why is it important in the study of religion?Describe the selected content and explain the signif..
Do avoid explaining the concepts of ontology and epistemolog : Do avoid explaining the concepts of ontology and epistemology. Do not use up significant parts of your essay explaining the background, but clearly identify and justify the way you have identified the classifications.
Explain the meaning of each of the 2008 disclosures : Estimate the balance sheet carrying amount of the investments in associates disposed of during 2008. (Hint: Attempt to recreate the activity in the "investments in associates accounted for under the equity method" account.)
Discuss the factors that helped you make the decision : Identify a product to shop for, and then identify two stores as places to look for your product. The two stores must be different types of retailers. For example, you can shop for a new HDTV at Best Buy® and at local electronics stores (specialty ..
How would you implement an ehr system in your practice : As a manager, how would you implement an EHR system in your practice? Do EHR/EMR help eliminate medical errors? As a patient, have you used online tools to communicate with your provider? Please explain.
Brief discussion about allergic rhinitis diseases : Brief discussion about diseases: Allergic rhinitis, Atopic dermatitis, contact dermatitis and Pediatric asthma (5-11 years of age)
Compute the net decrease in the investment : Trading securities are carried on the balance sheet at market value. Compute the net decrease in the investment in trading securities during 2008.

Reviews

Write a Review

Finance Basics Questions & Answers

  Average customer payment

A Corporation is considering on using a lock box system to speed up collections from its customers on the East Coast. A bank in Philadelphia will provide the service for an yearly fee of $25,000 plus ten cents per transaction

  Amortization for bonds accounting and interest expense

Amortization for Bonds accounting and interest expense on bonds calculations - Purpose all the journal entries that Leary Corporation would make related to this bond issue through January 1, 2003. Be sure to indicate the date on which the entries w..

  Asks for a quote on depositing french francs

West LB Bank in London is currently quoting 8% on 12-month Eurodollars deposits. It is also quoting 5.20FF/$ and 5.45FF/$ for spot and 12-month forward French francs, respectively. If a customer asks for a quote on depositing French francs, what ..

  Carson incs manager believes that economic conditions

carson inc.s manager believes that economic conditions during the next year will be strong normal or weak and she

  Explain what is the alpha for the fad followers

Explain what is the alpha for the fad followers and provide your answer as a percentage to two decimal places

  Profitability index of the investment

You were offered an investment with returns of $2,579 in year 1, $4,681 in year 2, and $5,043 in year 3. The investment will cost you $6,247 today. If the appropriate Cost of Capital (quoted interest rate) is 8.1%, what is the Profitability Inde..

  Use of excess cash another option usually available is to

use of excess cash another option usually available is to reduce the firms outstanding debt. what are the advantages

  Why donot mnes highly leverage their capital structure

why don't MNEs highly leverage their capital structure? explain the impact on the WACC with excessive levels of debt.

  Determine the annual financing cost

Determine the annual financing cost of a 6-month (182 day) $20,000 discounted bank loan at a stated annual interest rate of 10 percent. Assume that no compensating balance is required.

  What is the internal rate of return that turnbull can earn

turnbull corp. is in the process of constructing a new plant at a cost of 30 million. it expects the project to

  Who has the main responsibility for ensuring fair and

who has the main responsibility for ensuring fair and accurate financial reporting by a

  Why is interest ignored when recording accounts payable

Why is interest ignored when recording accounts payable?- How is interest computed on an interest-bearing short-term note?

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!

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