How should identify two items that plan on explaining

Assignment Help Accounting Basics
Reference no: EM132617771

Question - The company you work for has recently acquired 100% of another company, which is expected to retain its separate legal identity. The president of your company has called you into his office to find out the various options for accounting for the subsidiary. He asks you to explain why new accounts had to be created like Equity in Subsidiary Earnings, Investment in Subsidiary, and something called Goodwill. How should identify two items that plan on explaining to the President?

Reference no: EM132617771

Questions Cloud

Research the impacts of digital computing : you are going to explore how digital computing has changed the world. You will select a specific area to research the impacts of digital computing
Firm in perfect competition market shut down : Discuss and explain, with a help of diagram when should a firm in perfect competition market shut down.
How did colonizers benefit from how they constructed race : During the Spanish colonization of the Americas, how was race socially constructed? How did colonizers benefit from how they constructed race?
Business strategy to drive organizational strategy : Why is it important for business strategy to drive organizational strategy and IS strategy? What might happen if the business strategy was not the driver?
How should identify two items that plan on explaining : The company you work for has recently acquired 100% of another company, How should identify two items that plan on explaining
What is meant by cost-volume-profit analysis : What is meant by Cost-Volume-Profit analysis and why is it important? Explain the characterstics of the Cost-Volume-Profit analysi and provide the example.
Why people believe black friday is best time for shopping : Why people believe Black Friday is the best time for shopping? (Economic naturalist writing)
Team dynamics for highly effective or ineffective team : Discuss the team dynamics for a highly effective or ineffective team of which you were a member.
Prepare the profits and loss appropriation account showing : Prepare the profits and loss appropriation account showing the distribution of profit among the partner in case the profit for the year 2017 -18 are 278000

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.

  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!

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