Answer: 5.05 per share
Explanation:
.Porter. Street
$,000 $,000
Net income. 264. 236
Less amortization 0. 12
Less Interest. 48. 36
Total. 216. 188
*=. 216+188= 404/80000shasres
=5.05
The parents company Peter fully owns all the share of street which means it takes the whole.profit of street, The consolidation sechdule only takes cognizance of the parents company shares in calculating earning per share and the subsidiary share which is Street it's treated as an investment. The convertible shares are also not taking into consideration since they have not been convert.
There are many companies in Ghana and some of those companies and what they do include:
Accra Brewery Limited
- Founded in 1931 as Overseas Breweries Limited
- Offers brewery products such as CLUB Premium Lager
- Saw huge expansion after the second World War
- Currently under Anheuser-Busch InBev (ABInBev)
<u>Agricultural Development Bank </u><u>of </u><u>Ghana</u>
- Founded in 1965 and is owned entirely by the government
- Offers loans and agricultural credit to boost agriculture
- Also offers corporate, international, and commercial banking
Clydestone Ghana
- Founded in June 1989 and is located in Nigeria, Kenya, UK, and Ghana
- Offer products in the information and communication industry including transaction processing
- Listed on Ghana Stock Exchange
Produce Buying Company
- Founded in 1981
- Are major players in the cocoa industry in West Africa
- Are also players in other cash crops such as sheanuts
Suretrack Contracts Services
- Founded in 2007
- Offers construction services such as engineering and construction management.
- Is a privately owned company.
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Answer:
Cash interest paid to the bondholders in 2016 is $9,000
Explanation:
The cash interest paid on the bond can be ascertained using the below coupon amount formula:
cash interest=face value*coupon rate
face value of the bond is $100,000
coupon rate is 9%
cash interest=$100,000*9%=$9,000
The cash account would be credited while interest expense is debited with $9000 plus amortization of premium on bonds
Answer:
That the seller owes money.
Explanation:
The debit column represents money that is owed to the seller of the property, while the credit column represents money that the seller owes. If the columns are unbalanced in the manner stated by the question, the seller must pay money to balance the accounts. For example, maybe the seller hasn't paid yet some expenses or fees.
Answer: Check attachment
Explanation:
Miscellaneous expenses are the small and infrequent expenses which a business incurs.
Based on the question, the miscellaneous expenses is calculated as:
= $2200 - $223
= $1977
Check the attachment for further details
