What is the fair-value option for reporting equity method

Assignment Help Financial Accounting
Reference no: EM13142334

What is the fair-value option for reporting the equity method investments? Please explain procedures that should be used when changing from the fair value method to the equity method?

Reference no: EM13142334

Questions Cloud

How many grams of magnesium metal will react : How many grams of magnesium metal will react completely with 4.8 liters of 5.0 M HCl?
Find salaries for teachers in the bottom and upper value : A standard deviation of $3000. find the salaries for teachers in the bottom 10% and upper 10%, then transform from a z score to an x-score.
Balance in the deferred tax liability : The income tax rate for 2009 was 35%, but the enacted rate for years after 2009 is 40%. The balance in the deferred tax liability in the December 31, 2009, balance sheet is:
Which is not true about homeodomain containing genes : Which is NOT true about homeodomain containing genes a)are transcription factors b)are master regulators c)are called HOX genes in vertebrates d)always produce legs at inappropiate locations.
What is the fair-value option for reporting equity method : What is the fair-value option for reporting the equity method investments? Please explain procedures that should be used when changing from the fair value method to the equity method?
General journal form for fiscal year : Prepare in general journal form all journal entries that should have been made during the fiscal year ended June 30, 2009 to record the above information in the capital projects fund (including closing entry).
Smaller pieces of a larger human services organization. : o Programs are often smaller pieces of a larger human services organization. How will the organization's mission affect your program?
Information determine the total stockholders equity : this information determine the total stockholders equity reported in the companys balance sheet dated december 31,2007
Calculate the number or calories of heat energy required : Calculate the number or calories of heat energy required for warming 34.6g of water from 18.9 celsius to 29.9 celsius

Reviews

Write a Review

Financial Accounting Questions & Answers

  What total amount should olmsted company report

Olmsted Company has the following items: common stock, $900,000; treasury stock, $105,000; deferred taxes, $125,000 and retained earnings, $454,000. What total amount should Olmsted Company report as stockholders' equity?

  Which offer would you prefer and why

DPS would use the property for a new state highway patrol barracks; Second Baptist would start a church school; and Baker would open a car dealership. If you are the financial adviser for the school district, which offer would you prefer? Why?

  Check which of the expenses are deductible

Recognize which of these expenses are deductible and the amount that is deductible. Show whether they are deductible for or from AGI.

  What is amount that should be used to value inventory

the normal profit margin is 40% of sales price, what is the amount that should be used to value the inventory under the lower-of-cost-or-market method?

  Explain how much cash will greece receive for the issuance

Will the bonds be issued at a discount or a premium? Explain how much cash will Greece receive for the issuance, assuming semi-annual interest payments?

  Analysis of acceptance of special order

Analysis of acceptance of special order w.r.t relevant - Irrelevant cost analysis. was not considered, is it likely that a correct special order analysis would have been made? Explain your answer.

  What must brock report as income from property distribution

Posey Corporation distributes land with a Fair Market Value of $20,000 and a basis of $12,000 to Brock, a shareholder. Posey's earnings and profits are $125,000. What must Brock report as income from the property distribution?

  Effects for variable manufacturing cost variance

Profit performance effects for Variable manufacturing cost variance and Identify the major cause of Markley Division's unfavorable profit performance

  Find the expected return on a stock

Evaluate the expected return on a stock with a beta of 0.8, given a risk free rate of 3.5% and an expected market return of 15.6%

  Determine the spending and efficiency variance

Determine the spending and efficiency variance for variable manufacturing overhead costs for the year.

  Describe why the fair value of a companys assets

Describe why the fair value of a company's assets is used in the preparation of combined financial statement

  Prepare a consolidated balance sheet

Prepare a consolidated Balance sheet and journal entries from the data - Balance Sheet of Big as of 2006

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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd