Question: my problem is how to determine the retained at acquisition incase of baobab that was acquired by acacia in two acquisition 40% in 1 july

my problem is how to determine the retained at acquisition incase of baobab that was acquired by acacia in two acquisition 40% in 1 july 20i6 with retained of 810 and further 20% on 1 january 2018 and the retained earning at year end is 30 june 2018 is 1650 and dividend payable is 90

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

The following transactions relate to the General Fund of the City of Buffalo Falls for the year ended December 31, 2020: 1. Beginning balances were: Cash, $102,000; Taxes Receivable, $203,000;...

Identify the daughter nucleus when the following undergo alpha decay: (a) 0Th (b) Bi, and (c) Cm. Bi, and (c) 212 96 90

How to determine the retained at acquisition in case of baobab that was acquired by acacia in two acquisition 40% in 1 july 20i6 with retained of 810 and further 20% on 1 january 2018 and the...

please help with the assignment to answer the following question : Which currency is Open Safari's presentation currency? Which currency is Open Safari's functional currency? Note: you will need to...

Topic: Valuation and Mergers & acquisitions I need powerpoint presentation with 20 slides and each slideshave to be speakers note minimum 200 words. could you please follow below quistions that I...

help me out with these questions.. Income statement: determine gross profit, income from operations, and net income for the last two years. Comment on the increases or decreases in these amounts....

I need to do this work. Income statement: determine gross profit, income from operations, and net income for the last two years. Comment on the increases or decreases in these amounts. Balance sheet:...

help me out with these questions.. Income statement: determine gross profit, income from operations, and net income for the last two years. Comment on the increases or decreases in these amounts....

Introduction Group financial statements are prepared to show the financial position and performance of the parent and its subsidiaries as a single economic unit A complete set of financial statements...

Suppose that X and Y are distributed bivariate normal with density given in Equation (17.38). a. Show that the density of Y given X = x can be written as where b. Use the result in part (a) to show...

Estimate a company's cost of capital based on 32% tax rate and the following: Company's $8 million, 10% coupon, semi-annual payment, non-callable bonds, with 12 years left to maturity are currently...

Travel agencies take title to the services they sell. True False

Do you agree with the following statement: Any one of the systems documentation procedures can be used to adequately document a given system? Explain.

IT enables organizations to easily collect large amounts of information about employees. Discuss the following issues: a. To what extent should management monitor employees e-mail? b. To what extent...

Apply the value chain concept to S&S. Explain how it would perform the various primary and support activities.

Figure shows that organizational culture and the design of an AIS influence one another. What does this imply about the degree to which an innovative system developed by one company can be...

FIFO, LIFO, and weighted-average, and comparing FIFO, LIFO, and weighted-average Jepson Electronic Center began October with 90 units of merchandise inventory that cost $70 each. During October, the...

Design a minimum-mass symmetric three-bar truss (the area of member 1 and that of member 3 are the same) to support a load P, as was shown in Fig. 2.9. The following notation may be used: Pu = P cos...

1. What part of Louise Owens memory is aff ected by her condition?

LO 20-1 Why do we forget information?

LO 19-1 What causes diffi culties and failures in remembering?