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On 1 july anderson ltd require 70 % of equity capital of ARthur a cost of $ 4 millions at the date of acquisition all assets of arther are fairy stated and the total shareholder funds of arthur are $ 4.4 millions cosisting of share capital 3 m retained earning 1.4 M addditional information the management of anderson measures any non controlling interest in arthur at fair value during 2012 financial year arthur sells $45 000 of inventory to anderson at the year end anderson has sold this inventory tax rate 30 %.
describe three issuesproblems that a company could encounter when trying to determine the actual cost of a good or
on october 31 the stockholders equity section of pele companys balance sheet consists of common stock 648000 and
cardinals corporation purchased a computer on december 31 2013 for 274365 paying 78390 down and agreeing to pay the
Under the equity method, a parent company that has guaranteed all of its subsidiary's debt would:
the carlquist company makes and sells a product called product k. each unit of product k sells for 24 dollars and has a
Providers of the capital that they need.' Do you think that IASs/IFRSs will provide relevant and reliable information' that meets the needs of all financial statement uses in all countries?
the accounts of consolidated can contain the following amounts at december 31 2008nbspcost of products sold nbsp nbsp
carrolton inc. currently sells widgets for 80 per unit. the variable cost is 30 per unit and total fixed costs equal
During the past year, a company completed the following transactions related to the acquisition of property and the construction thereon of a new factory:
For the most recent year, Wilson Enterprises had sales of $689,000, cost of goods sold of $470,300, depreciation expense of $61,200, and additions to retained earnings of $48,560.
what are erosion costs? provide one real-life example of an erosion cost for a project. should erosion costs be
prepare the adjusting journal entries needed if any on december 31 2013. ajes are only prepared at year end december
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