Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
The consolidated income statement for AB Group for the year ended 30 June 2010:
(all amounts in the workings are in $000, unless stated otherwise)
$000
Revenue (2,000 + 1,500)
3,500
Cost of sales (1,200 + 1,000)
(2,200)
Gross profit
1,300
Distribution costs (400 + 120)
(520)
Administration expenses (240 + 250 + 30 (W1) + 20 (W2))
(540)
Share of profit of associate (W3)
13
Profit before tax
253
Income tax expense (50 + 40)
(90)
Profit for the year
163
Attributable to:
Equity holders of the parent
155
Non-controlling interest (W5)
8
W3 Share of profit of associate
Profit after tax of EF
100
Pro-rata from date of acquisition - 9 months
75
Less unrealised profit on sales to AB (W4)
(10)
65
20% group share
W4 Unrealised profit on inventories
Sales value of goods in inventories at year end (80 x ½ )
40
Unrealised profit at 25% margin
10
W5 Non-controlling interest
Profit for the year for CD (as reported)
90
Additional depreciation on fair value uplift
(20)
Goodwill impairment
(30)
20% NCI share
what is amount of cash dividend if investor buys share of 100 at premium of 400.
What are the assumptions of MM(Modigliani Miller) approach?
Water Wheelies manufactures high-pressure sprinkler heads. These are produced periodically at a rate of 20,000 per month. Demand is steady at 15,000 per month. Each production run
Modern approach at financial problems With the advent of technology and need to tighten shipsdue to competition, financial management became as much a science as art. Efficient
Assume today is 3 December 2009. Helen is 30 years old and has a Bachelor of Business. She is currently employed as a personal banker for ANZ banking group in Sydney and earns $380
The salem company bond currently sells for $955 has a 12% coupon interest rate and $ 1000 par value pays interest annually an
Question 1 Write short notes on following- Explain any five important functions of accounting What is Book-Keeping? Explain features of book-keeping Question 2 Ex
A callable bond is similar to an Option-free bond with a call option from the bondholder. It can be thought of as the sale of a call option by the investor
Should a company pursue price hike or focus on increasing sales volume
Critically examine the pay-back period as a technique of approval of projects.
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd