Outline the accounting involved with the acquisition method for a 100%-owned subsidiary.
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 58% (12 reviews)
Acquisition cost consists of the sum of the cash paid the present value of any debt instruments issu...View the full answer
Answered By
Mustafa olang
Please accept my enthusiastic application to solutionInn. I would love the opportunity to be a hardworking, passionate member of your tutoring program. As soon as I read the description of the program, I knew I was a well-qualified candidate for the position.
I have extensive tutoring experience in a variety of fields. I have tutored in English as well as Calculus. I have helped students learn to analyze literature, write essays, understand historical events, and graph parabolas. Your program requires that tutors be able to assist students in multiple subjects, and my experience would allow me to do just that.
You also state in your job posting that you require tutors that can work with students of all ages. As a summer camp counselor, I have experience working with preschool and kindergarten-age students. I have also tutored middle school students in reading, as well as college and high school students. Through these tutoring and counseling positions, I have learned how to best teach each age group. For example, I created songs to teach my three-year-old campers the camp rules, but I gave my college student daily quizzes to help her prepare for exams.
I am passionate about helping students improve in all academic subjects. I still remember my excitement when my calculus student received her first “A” on a quiz! I am confident that my passion and experience are the qualities you are looking for at solutionInn. Thank you so much for your time and consideration.
4.80+
2+ Reviews
10+ Question Solved
Related Book For
Modern Advanced Accounting In Canada
ISBN: 9781259066481
7th Edition
Authors: Hilton Murray, Herauf Darrell
Question Posted:
Students also viewed these Accounting questions
-
Briefly describe the accounting involved with the new-entity method.
-
Foreign Sub is a wholly owned subsidiary of U.S. Domestic Corporation. U.S. Domestic Corporation acquired the subsidiary several years ago. The financial statements for Foreign Sub for 2020 in its...
-
On 1 July 2040, Freemantle Ltd acquired all the issued shares of Kununurra Ltd for $5,600,000. At this date the equity of Kununurra Ltd consisted of: Share capital Retained earnings General reserve...
-
What are the possible sources of error in this project?
-
P Corporation owns 100% of S Corporations stock, and they have filed consolidated tax returns for several years. P also has owned 49% of T Corporations stock for 10 years. On December 31 of the...
-
The company is a golf course developer that constructs approximately 10 courses per year. Next year the company will buy 10,000 trees to install in the courses it builds. In recent years, the price...
-
Use Johnsons rule to obtain the optimum sequence for processing the jobs shown through work centers A and B. JOB TIMES (hours) Job Work Center A Work Center B a 2.50 4.20 b 3.80 1.50 C 2.20 3.00 d...
-
Mixers, Inc., produces two products: soda water and seltzer juice. Cost and revenue data for each product line for the current month are as follows: In addition, fixed costs that are common to both...
-
What would be expected to eventually happen in this market given the price noted in question 2 (assuming the market is competitive)?
-
A political campaign is entering its final stage, and polls indicate a very close election. One of the candidates has enough funds left to purchase TV time for a total of five prime-time commercials...
-
Explain how an acquirer is determined in a business combination for a 100%-owned subsidiary.
-
If one company issued shares as payment for the net assets of another company, it would probably insist that the other company be wound up after the sale. Explain why this condition would be part of...
-
You plan on traveling to Japan and China on a business trip. You will first stop in Japan, where the current direct exchange rate is 0.0092. You will next stop in China, where the current direct...
-
Describe the seven-step process of managing anger introduced by Dr Lynn McClure in detail.
-
Find all the zeros of the function given the zeros already provided. 6) f(x) = 5x + 4x - 11x + 2; -2 5 7) f(x)= 9x - 36x + 17x + 30; 3
-
Find an induced r-regular subgraph of maximum order of the graph G shown below for r = 0, 1, 2. G: VO OF
-
Gardiner Wholesalers (A) & (B) 115 & 125 Analyze the cash flow statement and financial ratios for Elegance Jewellers. Elegance Jewellers' ratios for Gardiner Wholesalers are available on OWL. Assess...
-
How does monetary policy influence interest rates and economic activity?
-
A farmer has an annual budget of $1,200 for barley seed, with which he can plant 30 acres of barley. If next year the cost per pound of the seed is projected to decrease by 20%, how many acres will...
-
B.) What is the approximate concentration of free Zn 2+ ion at equilibrium when 1.0010 -2 mol zinc nitrate is added to 1.00 L of a solution that is 1.080 M in OH - . For [Zn(OH) 4 ] 2- , K f = 4.610...
-
(a) Prepare a consolidated income statement for Year 9 with expenses classified by nature. (b) Calculate consolidated retained earnings at December 31, Year 9. (c) If Road had used parent company...
-
(a) Prepare the following consolidated financial statements for Year 6: (i) Income statement (ii) Statement of financial position (b) Calculate goodwill impairment loss and profit attributable to...
-
(a) Show the allocation of the acquisition cost at acquisition and the related amortization schedule. Show and label all calculations. (b) Prepare a consolidated income statement with expenses...
-
A force F is acting on a body as it moves between (0, 0) and (1, 1). If the force is Evaluate the work done when the path is a) Along the line y=x F = (xy)+(x)j b) Along the curve y=x" c) Along the x...
-
Write a well-developed paragraph, summarizing the physical development of the observed 4-year-old child. Students must discuss at least 4 specific objective observations from their time spent...
-
An open cylindrical tank is 150 feet in diameter and 180 feet high.The side surface area of the tank (without top and bottom) should be painted with paint that covers 225 square feet per gallon.When...
Study smarter with the SolutionInn App