The cost of dividend payable on redeemable preference shares should be included: (a) As a deduction in
Question:
The cost of dividend payable on redeemable preference shares should be included:
(a) As a deduction in the Statement of changes in equity
(b) In the Statement of income as a deduction prior to identifying profit from operations
(c) In the Statement of income before identifying the profit before tax
(d) In the Statement of income after identifying profit after tax
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 66% (6 reviews)
c In the Stat...View the full answer
Answered By
JAPHETH KOGEI
Hi there. I'm here to assist you to score the highest marks on your assignments and homework. My areas of specialisation are:
Auditing, Financial Accounting, Macroeconomics, Monetary-economics, Business-administration, Advanced-accounting, Corporate Finance, Professional-accounting-ethics, Corporate governance, Financial-risk-analysis, Financial-budgeting, Corporate-social-responsibility, Statistics, Business management, logic, Critical thinking,
So, I look forward to helping you solve your academic problem.
I enjoy teaching and tutoring university and high school students. During my free time, I also read books on motivation, leadership, comedy, emotional intelligence, critical thinking, nature, human nature, innovation, persuasion, performance, negotiations, goals, power, time management, wealth, debates, sales, and finance. Additionally, I am a panellist on an FM radio program on Sunday mornings where we discuss current affairs.
I travel three times a year either to the USA, Europe and around Africa.
As a university student in the USA, I enjoyed interacting with people from different cultures and ethnic groups. Together with friends, we travelled widely in the USA and in Europe (UK, France, Denmark, Germany, Turkey, etc).
So, I look forward to tutoring you. I believe that it will be exciting to meet them.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Financial Accounting An Introduction
ISBN: 9780273737650
2nd Edition
Authors: Mr Barry Elliott, Mr Augustine Benedict
Question Posted:
Students also viewed these Business questions
-
The following additional information is available for the Dr. Ivan and Irene Incisor family from Chapters 1-5. Ivan's grandfather died and left a portfolio of municipal bonds. In 2012, they pay Ivan...
-
In Problem 10.16, we projected financial statements for Walmart Stores, Inc. (Walmart) for Years +1 through +5. The data in Exhibits 12.17-12.19 (pages 948-950) include the actual amounts for 2012...
-
Managing Scope Changes Case Study Scope changes on a project can occur regardless of how well the project is planned or executed. Scope changes can be the result of something that was omitted during...
-
1. Calculate the density of O2, in g/L, at STP. 1.62 g/L b. 0,714 g/L 1.43 g/L. d. 1.14 g/L e. 0.810 g/L a. .
-
1 Outline the role that a government-owned company might take in its management of a major piece of transport infrastructure (could be a road, railway or airport, for instance). 2 Should it be...
-
Identify, in sequence, the phases of the accounting information processing cycle.
-
Jonathan owns Bright Sky Financial Services, Inc. (Bright Sky). He holds a controlling interest in the company. Jonathan manages seven mutual funds for approximately 150 high-wealth clients. Jonathan...
-
You are requested by a client on September 28 to prepare an insurance claim for a theft loss which occurred on that day. You immediately take an inventory and obtain the following data: Inventory,...
-
Sketch a hand written a Enhanced ER diagram for this table and fix the error if there is Message cation D Notification UserNotif Password UserName UserID RoleID User D Phone User # Role securityID...
-
Which of the following would you not include within the heading Equity and reserves in a companys Statement of financial position? (a) Revaluation reserve (b) Share premium account (c) Redeemable...
-
The balance appearing on the Ordinary share capital account, at any point of time, is: (a) The called-up capital of the company (b) The issued capital of the company (c) The paid-up capital of the...
-
The period of a pendulum is the time required for one oscillation; the pendulum is usually referred to as simple when the angle made with the vertical is less than 5. An experiment is conducted in...
-
Do you believe the "rational model" is predominant in criminal justice organizations? How does efficiency factor into the organization?
-
3. Biomedical engineers are developing a new fertility drug. Absorption Elimination For it to be effective, enough drug must be present Pharmacokinetics in the blood for a sufficient period of time....
-
How do informal and formal leaders contribute to the success of organizations through the organizational oversight of the strategic planning process?
-
TOPIC IS Extreme Programming at the US Strategic Command Write a 3-5-page APA formatted paper that reviews the selected case study and answers its discussion questions. In addition to the APA...
-
The following two compounds were mixed in a test tube and the mixture became cloudy. CoCl2(aq) + Na2CO3(aq) Write the molecular, total ionic and net ionic equation for the reaction. Make sure your...
-
Oslo Company produces large quantities of a standardized product. The following information is available for its production activities for May. Prepare a process cost summary report for this company,...
-
(a) Explain why the concentration of dissolved oxygen in freshwater is an important indicator of the quality of the water. (b) How is the solubility of oxygen in water affected by increasing...
-
Explain, in your own words, why investors in a firms stock might be interested in a firms marketing manager developing a new growth-oriented strategy. Would it be just as good, from the investors...
-
A woman with extensive experience in home health care and a good marketing plan has approached a bank for a loan, most of which she has explained she intends to invest in advertising designed to...
-
Could the idea of mass customization be used by a publisher of college textbooks to allow different instructors to order customized teaching materials perhaps even unique books made up of chapters...
-
Dividends per share Seventy-Two Inc., a developer of radiology equipment, has stock outstanding as follows: 80,000 shares of cumulative preferred 3% stock, $20 par and 410,000 shares of $25 par...
-
Ms. Hill earned a $105,250 salary, and Mr. Gomez earned a $192,000 salary. Neither individual had any other income, and neither can itemize deductions. Assume the taxable year is 2023. Use Individual...
-
What do the visuals say about the problem you are trying to address in the automotive industry?
Study smarter with the SolutionInn App