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...
-
Design a steam power cycle that can achieve a cycle thermal efficiency of at least 40 percent under the conditions that all turbines have isentropic efficiencies of 85 percent and all pumps have...
-
Consider the study from Example 3.4. Recall that the clinical trial consists of 450 patients. 150 of the patients have stage I cancer and the rest have stages II-IV cancer. In Computation Lab:...
-
The trial balance of Ogilvys Boutique at December 31 shows Inventory $21,000, Sales Revenue $156,000, Sales Returns and Allowances $4,000, Sales Discounts $3,000, Cost of Goods Sold $92,400, Interest...
-
Tracy is single and had adjusted gross income of $35,800 in 2018. Tracy also has the following items: How much may Tracy claim as itemized deductions?
-
A 20-year loan of 150,000 is negotiated with the borrower agreeing to repay principal and interest at 5%. A level payment of 9,000 will apply during the first ten years and a higher level payment...
-
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...
-
Landham played the role of Billy, the Native American tracker, in the 1987 Fox film Predator starring Arnold Schwarzenegger. In 1995, Fox licensed to Galoob Toys the right to produce and market a...
-
Morton Thiokol, Inc., an aerospace company, manufactures the solid-propellant rocket motors for the Peacekeeper missile and the missiles on Trident nuclear submarines. Thiokol also worked closely...
-
Preventive action ____________________. a. is primarily addressed in the Control Quality process b. realigns the performance of the project work with the project management plan c. seeks to ensure...
-
Select the circumstance in which the impact on government bond yields of a new source of revenue (such as a natural resource discovery) would be largest. Explain your choice. a. Before the discovery,...
-
Interview someone you know who has worked extensively with members of other cultures. Spend an hour or two asking this person about his/her experiences. Report what this person had to say about five...
-
Arctic Blast has developed a cold treatment process for killing home-invading ants and termites. Their pesticide free process provides a highly attractive alternative to sprays and poisons. The...
-
What are the three kinds of research types? Explain each type.
-
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...
-
York's outstanding stock consists of 80,000 shares of cumulative 7.5% preferred stock with a $5 par value and also 200,000 shares of common stock with a $1 par value. During its first four years of...
-
Hudson Community College enrolls students in two departments, Liberal Arts and Sciences. The college also has two service departments, the Library and the Computing Services Department. The usage of...
-
Robert is designing a new Active Directory Domain Services infrastructure for a company called Litware, Inc., which has its headquarters in New York and two additional offices in London and Tokyo....
Study smarter with the SolutionInn App