Answer:
net income attributable to the non controlling interest is $40800
Explanation:
Given data
Race sold = $450000
cost = $330000
owned = 15%
net income = $204000
Race net income = $806000
to find out
net income attributable to the non controlling interest
solution
we find the non controlling interest
so we apply formula for non controlling interest that is
non controlling interest of income = net income × (100% - 80%)
put here value of net income
non controlling interest of income = net income × (20%)
non controlling interest of income = 204000 × (20%)
non controlling interest of income = 40800
so net income attributable to the non controlling interest is $40800
Answer:
Price of stock = $49.5
Explanation:
<em>The Dividend Valuation Model(DVM) is a technique used to value the worth of an asset. According to this model, the value of an asset is the sum of the present values of the future cash flows would that arise from the asset discounted at the required rate of return. </em>
If dividend is expected to grow at a given rate , the value of a share is calculated using the formula below:
Price of stock=Do (1+g)/(k-g)
Do - dividend in the following year, K- requited rate of return , g- growth rate
DATA:
D0- 2.7
g- 10%
K- 16%
Price of stock = ( 2.7×1.1)/(0.16-0.1) = 49.5
Price of stock = $49.5
I think it is (The Cash<span> Payments </span><span>Journal)
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Answer:
Classification of Projects
The projects are classified as shown below:
Strategy Project:
Strategy projects supports organizations long term mission. it helps in increasing market share and revenue. Among the given projects, the strategy projects are:
b. build a 4 mile nature hiking trail.
d. Launch a new promotional campaign with Hawaii Airlines.
e. Convert 12 adjacent acres into wildlife preserve.
g. Change hotel brochures to reflect Eco-tourism image.
i. Introduce wireless internet service in cafe and lounge areas.
Operational Projects:
These projects support current business operations. Among the given projects, the operational projects are:
c. Renovate horse bran.
Compliance Projects:
These are those must do projects to function under a particular category. Among the given projects, the compliance projects are:
a. Convert the pool heating system from electrical to solar power.
f. Update all bathrooms in condos that are 10 years old or older.
h. Test and revise disaster response plan.
Not all projects are easy to classify. There are always some things falling under more than one category. Categorizing projects will help us to prioritize the implementation of the same. Compliance projects should be done at any cost. The organization's view will be reflected in the strategy projects. Operational projects can be postponed if financial budget constraint exists but compliance cannot be postponed.
Answer:
Common stock outstanding = $50,000/$0.5 = 100,000 shares
Treasury stock outstanding = 5,000 shares
Total shares outstanding 105,000 shares
Explanation:
Total shares outstanding is the aggregate of common stock outstanding and treasury stock outstanding. Common stock outstanding is derived by dividing the total value of common stock by par value of common stock.
