Answer:
YES, i need more things to make memes out of. Please give me the brailiest answer?
:) Hoped this helped!!! Have a good day!!! <3
B is correct better job better money
Answer:
See the explanation below
Explanation:
Share of net income = 30% × $40 million = $12 million
Dividend received = 20 million × $1 = $20 million
The journal are as follows:
<u>Details Dr ($'million) Cr ($'million) </u>
Investment in Nursery Supplies Inc. 63
Cash 63
<u><em>Being the cash payment for investment in Nursery Supplies Inc. </em></u>
Investment in Nursery Supplies Inc. 12
Investment income 12
<em><u>Being the a share of net income of Nursery Supplies Inc. </u></em>
Cash 20
Investment in Nursery Supplies Inc. 20
<u><em>Being dividend received from Investment in Nursery Supplies Inc. </em></u>
Answer:
B. $9
Explanation:
Assets value = $500 million
Liability value = $50 million
Use following formula to calculate NAV
Net Assets value = Assets value - Liability value
Net Assets value = $500 million - 50 million
Net Assets value = $450 million
Net Assets value = $450 million / 50 million
Net Assets value = $9 per share
So, the correct option is B. $9.
Answer:
€6 million
Explanation:
As we know that
According to the International Financial Reporting Standards, if the net realizable value of the inventory increases then the written down of reversal value is required
And according to the GAAP, the inventory should be valued at lower of cost or net realizable value
So in the given case, the inventory is purchased at €6 million and now it is estimated value is €7 million so the lower value i.e €6 million should be reported on the balance sheet.