User Account

All Pages

What adjustment should be made to consolidated shareholders

Assignment Help Accounting Basics
Reference no: EM132618430

Question - Peter Ltd. acquired 80% of Lenny Ltd. in 20X5. On Jan. 1, 20X9, Peter acquired another 5% of Lenny's common shares for $300,000. Under the entity method, the balance of the non-controlling interest at December 31, 20X8, was $500,000. What adjustment should be made to the consolidated shareholders' equity to reflect Peter's additional purchase of shares?

Reference no: EM132618430

Questions Cloud

Discuss the importance of non-design requirements : Discuss the importance of non-design requirements and provide two examples. Describe the interrelationship between these requirements and scenarios.
Determining the stage of the company : Imagine you are the founder of a music tech startup, and your family could contribute with cash at an early stage of the company.
Explain the qualitative characteristics of comparability : Question - Explain the qualitative characteristics of comparability and the importance of this characteristic from the users' perspective
Constitution implements separation of powers : Write a paper on separation of powers and checks/balances in government. analyze how the U.S. Constitution implements separation of powers checks and balances
What adjustment should be made to consolidated shareholders : What adjustment should be made to the consolidated shareholders' equity to reflect Peter's additional purchase of shares
What impact has the adopted policy changes of the rba : What impact has the adopted policy changes of the RBA (researve bank australia) on the Australian economy and the effectiveness of these policies.
How psychological theories resonated with you : Write how Psychological theories resonated with you, and why? Why do you think that a particular theory or model would be beneficial in working.
What is zenith price-earnings ratio : Zenith Propulsion, Inc. is expected to pay a dividend next year of $2.45 per share. Investors think that Zenith will continue to increase its dividend
Demonstrate what is the present value of each offer : Demonstrate What is the Present Value (PV) of each offer? Based on your Present Value calculations, which offer should James accept?

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