Liquidating dividend from an investee evansville dating com

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Shipping's retained earnings was ,000 on the date of acquisition.

Plimsol uses the cost method in accounting for its investment in Shipping.

It is consistent with the treatment normally accorded noncurrent assets. On January 1, 20X9 Athlon Company acquired 30 percent of the common stock of Opteron Corporation, at underlying book value. William uses the equity method to account for this investment. Based on the preceding information, what amount will be reported by Yang as balance in investment in Spiel on December 31, 20X8, if it used the fair value method of accounting?

e Gate has 100,000 shares of par value, 5 percent cumulative preferred stock outstanding. e Gate reported net income of 0,000 for 20X8 and paid total dividends of ,000.

Which of the following observations is NOT consistent with the cost method of accounting? Investee dividends from earnings since acquisition by investor are treated as reduction of investment. Investments are carried by the investor at historical cost.

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Immediately prior to the acquisition, Beta reported total assets of 0,000, liabilities of 0,000, and stockholders' equity of 0,000.

Based on the preceding information, what is Son's post closing retained earnings balance on December 31, 20X1? 2) Prepare a three-part consolidation worksheet in good form as of December 31, 20X8. On January 1, 20X9, Zigma Company acquired 100 percent of Standard Company's common shares at underlying book value. 5,000 AACSB: Analytic Baker - Chapter 02 #4 Blooms: Understand Difficulty: 2 Medium Learning Objective: 02-02 Prepare journal entries using the cost method for accounting for investments. Based on the information provided, what amount of total assets will be reported in the consolidated balance sheet prepared on December 31, 20X4?

The trial balances for Plimsol Company and Shipping Corporation as of December 31, 20X8, follow: Required: 1) Provide all eliminating entries required to prepare a full set of consolidated statements for 20X8.

A dividend declared by the investee in excess of its earnings in the current year. A dividend declared by the investee in excess of its earnings since acquisition by the investor. Any dividend declared by the investee since acquisition. A dividend declared by the investee in excess of the investee's retained earnings. Under the cost method of accounting for a stock investment, the differential: A.

From an investor's point of view, a liquidating dividend from an investee is: A.

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