User Account

All Pages

Make the statement of comprehensive income

Assignment Help Accounting Basics
Reference no: EM132622234

Question - Rodon Inc. reported the following for 2019:

Net Sales Revenues $ 770,000

Cost of Goods Sold 420,000

Selling and Admin expenses 154,000

Loss on disposal of equipment (12,000)

Unrealized Gain OCI 9,000

Instructions - Make the Statement of comprehensive income. Ignore income tax and EPS. Assume Rodon follows IFRS. Note that the loss on equipment sale is not OCI, but an ancillary gain to be included in Net Income.

Reference no: EM132622234

Questions Cloud

Find what are the practical implications of the article : Find What are the practical implications of this article? How is your article of choice related to topics above and why you think it is interesting?
Make the multiple-step income statement : The Selling and Administrative Expenses figure above does not include depreciation. In good form, make the multiple-step income statement for 2019
Descriptive representation of system component functions : System architecture is the descriptive representation of the system's component functions and the communication flows between those components.
What types of risk assessment should a financial service : What types of risk assessment should a Financial Service Provider (FSP) perform on a client who is seeking to obtain a new credit card?
Make the statement of comprehensive income : Instructions - Make the Statement of comprehensive income. Ignore income tax and EPS. Assume Rodon follows IFRS
Which of the method calculates from period to period : Which of the method calculates from period to period. present-value analysis./ internal rate of return./ unadjusted rate of return
Differences between private banking and wealth management : Explain some of the differences between private banking and wealth management
Explain the role of an intermediary in the australian : Explain the role of an intermediary in the Australian financial services market.
Evaluate the proper accounting : How does the impact your evaluation of whether the contract is a lease or how revenue should be recognized? Consider by analogy any public company filings.

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