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zzz [600]
3 years ago
5

Using the following information:

Business
1 answer:
jasenka [17]3 years ago
6 0

Answer and Explanation:

The preparation of the bank reconciliation statement for August 31 is presented below:

                                           Miller Co.

                           Bank reconciliation statement  

                                            August 31

Particulars                   Amount                   Particulars                       Amount  

Bank cash balance    $4,709                    Company cash balance  $5,162

Add:                                                            Less:

Deposits in transit     $1,035                    Bank service charges     -$33

Less: Outstanding                                     Error in recording              -$9      

Check                        -$624

Bank balance                                            Company balance

After reconciliation $5,120                        After reconciliation          $5,120

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Answer:

a. Income from subsidiary will be lower by the amount of the ending inventory profit multiplied by the noncontolling interest percentage for downstream transfers.

Explanation:

When we transfer inventory from subsidiary to holding there will be some profit element included in cost. so when we consolidate the account of subsidiary to its holding at the time of reporting we should removed that unrealised profit included in the inventory.

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4 years ago
What is the name of a person or business that is a parial owner of a company.?
nikklg [1K]

Answer:

Shareholder

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A person or business that’s is a partial owner of a company

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3 years ago
Fresh Baked Goods has 36,800 shares of stock outstanding at a market price of $24.91 per share. What will be the price per share
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Answer:

$23.50 per share

Explanation:

The computation of the price per share after considering the stock dividend for the 6% is shown below:

= (Number of shares outstanding × market price per share) ÷ (Number of shares outstanding × 1 + stock dividend )

= (36,800 shares × $24.91) ÷ (36,800 shares × 1.06)

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3 years ago
The risk-free rate of return is 10.5%, the expected rate of return on the market portfolio is 17%, and the stock of Xyrong Corpo
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k = risk free rate of retunr+ beta[expected market rate of return - risk free rate of return]

= 10.5% + 1.5(17% - 10.5%)

= 20.25%  

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The foreign MNCs are investing in India because of cheaper production costs. India is a critical growth market for logistics giant United Parcels Service (UPS) as it aims to provide the predictable and reliable service to B2B domestic market through its new venture called MOVIN.

India's market potential, skilled workforce and political stability are the three key reasons that make India the favored destination for foreign investment. When compared to other countries India is a relatively cheaper place to conduct business.

Hence, these reasons attracts foreign investors towards India.

To learn more about MNC's here:

brainly.com/question/2846229

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