User Account

All Pages

What is the book value of the investment

Assignment Help Accounting Basics
Reference no: EM132446598

Question - January 2 2018, A Company purchased 9,000 shares of stock of B Company and did obtain significant influence. Investment intended as long-term investment. Stock purchased for $15 per share and represents a 30% ownership stake. B Company made $400,000 of net income in 2018 paid dividends o A Company of $15,000 on December 15 2018. B Company stock trading on open market for $12 per share at the end of the year. What is the book value of the investment that should be reported at the yearend by A Company?

Reference no: EM132446598

Questions Cloud

How many books are there in the bible : How many books are there in the Bible. Be specific, in the New testament and old Testament respectively
Cycle of activity important for public managers : Why is this cycle of activity important for public managers and what pressures or influences are involved?
What is the major contribution of president obama : What is the major contribution of president Obama's administration in the US in the health sector
Identify nursing care model : Identify nursing care model utilized in today's various health care settings and enhance your knowledge of how models impact the management of care
What is the book value of the investment : B Company stock trading on open market for $12 per share. What is the book value of the investment that should be reported at the yearend by A Company
Explain values conflicts and how to resolve them : Examine your personal values and attitudes. This learning plan will address the following learning objectives to help you master the competency:
Performance to change in response to new control system : Suppose a company at which executives were rewarded for meeting targets based only on profits and stock price switches to a balanced scorecard
System of mental and behavioral health services : 1. Identify the three key factors of the three systems. 2. Why do you feel there are three separate and different models?
Interview prospective employees : Under what condition would it be practical for a company to send recruiters to college campuses to interview prospective employees, and when would it be impract

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