Answer:
Shareholders for dividends $93,000 (debit)
Cash $93,000 (credit)
Explanation:
Autumnâ Services, Inc holds a 12 % voting stock in Springâ Metals therefore it does not have control in terms of IFRS 10 and no consolidated statements must be produced.
The Acquisition of shares is thus a Financial Asset for Autumnâ Services, Inc.
February 15, 2019
<em>When dividend is declared, recognize an equity item and a Liability in Spring Metals</em>
Dividend $93,000 (debit)
Shareholders for dividends $93,000 (credit)
Dividend = 124,000×$ 0.75 per share
= $93,000
March 2, 2019
<em>De-recognise the liability and de-recognise the cash asset in Spring Metals</em>
Shareholders for dividends $93,000 (debit)
Cash $93,000 (credit)
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Answer: (A) Negative sanction
Explanation:
The negative sanction is one of the type of threatened punishment in terms of the sociological concept in which the person are basically responsible for its penalty.
The actual cause of the sanction is due to either informal or formal control as it is depend upon the different types of norms and conditions.
According to the given question, the given example is best illustrating the situation of a negative sanction as the motorcycle policemen opens the Catherine's window and issue a fine ticket to her for over speeding.
Therefore, Option (A) is correct answer.
Answer:
false
Explanation:
i don't about it but i have never saw a Stadium parking
Answer:
9.5%
Explanation:
The computation of the after tax rate of return is shown below:
But before that first determine the following calculations
The interest income earned
= $800,000 × 12.50%
= $100,000
Now After tax interest income is
= $100,000 × (1 - 0.24)
= $76,000
Now
After tax rate of return on investment is
= ($76,000 ÷ $800,000) × 100
= 9.5%
Answer:
The $623,100 is the amount which should be used as the initial cash flow for this project
Explanation:
The computation of the initial cash flow is shown below:
= Estimated cost of a new facility on the site + market value of a lot
= $494,200 + $128,900
= $623,100
The asset value should be recorded in the market value so we took the estimated cost and the market value in the calculation part.
The other cost which is given in the question is irrelevant. Thus, it is not considered in the computation part.