User Account

All Pages

Find what amount should dale report on its september

Assignment Help Accounting Basics
Reference no: EM132727324

Problem 1: On March 4, 2020, Dale Co. purchased 1,000 ordinary shares of LCD at P80 per share. On September 26, 2020, Dale received 1,000 stock rights to purchase an additional 1,000 shares at P90 per share. The stock rights had an expiration date of February 1, 2021 On September 30, 2020, LCD's ordinary share had a market value ex-rights of P95 each and the stock rights had a market value of P5 each. What amount should Dale report on its September 30, 2020 balance sheet as the cost of the investment in stock rights?

Option 1: -0-

Option 2: 5,000

Option 3: 10,000

Option 4: 15,000

Reference no: EM132727324

Questions Cloud

Write a literature review proposal based on civility : Write a literature review proposal based on civility and the importance of saying thank you. Design an experiment that shows the importance of gratitude.
How to manage the interviewer response : Write an 8- to 10-page interview strategy that includes the following: An analysis of the offender's personality, including any personality disorders.
Explain the social factors in violent crime : Many social factors can contribute to violent crime. Issues of poverty, general economic inequality, and inequality based on ascribed characteristics.
Describe key ideas of structural-functionalist : Compare and contrast the key ideas of structural-functionalist, conflict, and symbolic-interactionist theories of environmental problems, providing salient.
Find what amount should dale report on its september : On March 4, 2020, What amount should Dale report on its September 30, 2020 balance sheet as the cost of the investment in stock rights?
HUM 111 World Cultures Assignment : HUM 111 World Cultures Assignment Help and Solution - Strayer University, USA - Homework Help - Describe the role of museum founder and curator
Find what dart gain from the sale of right is : On January 3, 2018, Dart Co. purchased 500 shares of Mina Corp, Dart sold rights on December 31, 2020, for P10 a right. Dart's gain from the sale of right is?
Concept of core competencies : Market entry that a Canadian firm might face in entering a new market - Concept of "core competencies - The basic premise of Porter's Value Chain
Find what book value per ordinary share held by darius is : Darius, On December 1, Alan issued a 2-for-1- stock split. At December 31, 2020, the book value per ordinary share held by Darius is?

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