User Account

All Pages

What amount shall be shown as Investment Property

Assignment Help Accounting Basics
Reference no: EM133125893

Question - A and its subsidiary B have provided you with a list of property items they own:

Land held by A for long-term capital appreciation, P50 million

Land held by B for a currently undetermined future use, P35 million

Building owned and leased out by A under operating leases, P10 million

Vacant building of B intended to be leased out under a finance lease, P12 million

Building owned by A and leased out to B under an operating lease, P8 million

Building owned by B and leased out under operating leases, an insignificant portion is held as headquarters for administrative purposes, P5 million

What amount shall be shown as Investment Property in the consolidated statement of financial position of A?

a. P60 million

b. P68 million

c. P100 million

d. P120 million

Reference no: EM133125893

Questions Cloud

Strengths and weaknesses of the human development index : What are some additional strengths and weaknesses of the Human Development Index as a comparative measure of human welfare? If you were designing the HDI, what
Consequences of failing : Vivek Dehejia has argued: "Despite their vastly different histories, cultures and political systems, developing and emerging countries are going to have to find
Explain three different types of business organizations : Explain three different types of business organizations, comparing the advantages and disadvantages of each. Make a recommendation for the best type of business
Define the elements of Strategic Reasoning : Define the elements of Strategic Reasoning. For each provide a specific example of what can be missed if the element is NOT used
What amount shall be shown as Investment Property : Land held by A for long-term capital appreciation, P50 million. What amount shown as Investment Property in consolidated statement of financial position of A
What is the numerical elasticity of function a : - What is the numerical elasticity of Function A? Blank 1. Fill in the blank, read surrounding text.
Explain why you think your chosen company is complying : Explain why you choose those values and why do you feel that these values are important - Prepare a Power Point Presentation on the above materials
By how much does income increase : By how much does income increase by when producing 21,750 tons and storing 4,350 tons in inventory compared to only producing 17,400 tons
Impact of pandemic covid-19 towards hotel businesses : What is the impact of pandemic covid-19 towards hotel businesses? Give a link regarding this topic

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