In joint venture accounting, the equity method requires? a) Line-by-line consolidation b) Recognition of share of profits and net assets c) Cost method only d) Fair value accounting
Q: Please Generate Answer with required Value provide answer in Accounting Method
A: Step 1: Step 1: Definition of Price-Earnings (P/E) RatioThe Price-Earnings Ratio (P/E Ratio) is a…
Q: go.1
A: Step 1: Allocate Joint Processing Costs Based on Sales Value at the Split-Off PointThe total joint…
Q: Solution
A: Explanation of Net Income: Net income represents the total earnings or profit that a company…
Q: 59 Question: Financial accounting Equipment with an original cost of $50,000 and accumulated…
A: Explanation of Book Value: Book value represents the current worth of an asset on a company's…
Q: Financial Accounting Question Solution
A: Step 1: Define Manufacturing Overhead:Manufacturing overhead represents the indirect production cost…
Q: subject: financial accounting
A: Step 1: Using the profit margin formula, solve for the net income.original profit margin formula:…
Q: Please provide the answers in excel with explanation
A: A4a:The Bill of Materials (BOM) is a structured representation of all the components and…
Q: Please provide correct answer accounting....
A: Step 1:Formula of total conversion cycle is Days in inventory+ days in accounts receivable - days…
Q: account gross profit margin ?
A: Step 1: Definition of Gross Profit MarginThe gross profit margin represents the percentage of sales…
Q: I need answer of this question general accounting
A: Step 1: Define Net IncomeThe net income of an individual or a firm is computed by deducting all the…
Q: Please give me answer general accounting
A: Return on Assets (ROA)ROA measures how efficiently a company uses its total assets to generate net…
Q: Solve these accounting question problem
A: Step 1: Define Accounts ReceivableAccounts receivable is an asset account that shows the total value…
Q: Get correct answer general accounting
A: Step 1:Define Average Collection PeriodThe average collection period pertains to the number of days…
Q: Provide provide correct answer accounting....
A: Step 1: Introduction to standard costingStandard costing is a management accounting technique used…
Q: 10 A manufacturer that carries very little inventory likely follows the Select one: a.…
A: The just-in-time (JIT) method is a strategy used by manufacturers to reduce inventory levels by…
Q: Early in its fiscal year ending December 31, 2024, San Antonio Outfitters finalized plans to expand…
A: Step 3: Building Construction CostConstruction expenditures during 2024:May 1: $1,650,000July 30:…
Q: Don't use AI
A: Computations Part 1: Calculate Operating Cash Flow (OCF)Operating Cash Flow (OCF) is calculated…
Q: Get correct answer general accounting
A: Step 1: Define Labor VarianceThe labor variance in cost accounting is the difference between the…
Q: Accounting Question
A: DefinitionsInventory Levels:Inventory refers to the goods a company holds for sale or production.…
Q: Please give me answer general accounting
A: Step 1: Define Total AssetsTotal assets are the sum of all current and non-current assets owned by…
Q: Hello tutor answer these general accounting question not use chatgpt
A: Step 1: Define Standard Costing The standard costing method helps the company know the expectations…
Q: What is Tikki's ROE for 2008 on these general accounting question
A: Step 1: Define Return on EquityIt is that part of net profits which is available for equity…
Q: Please give me answer general accounting
A: Step 1: Define EquipmentEquipment is recognized as a device or machine used by companies to…
Q: Financial Accounting ii
A: Explanation of Overhead Costs: Overhead costs are indirect expenses that cannot be directly traced…
Q: Jordon Company produced and sold 50,000 units in 2014. The units sold for $140 each. During the…
A: Step 1:Step 1: Define the formula for Gross MarginGross Margin per Unit = Selling Price per Unit -…
Q: Both answer
A: Explanation of Total Sales: Total sales represent the overall revenue generated by a company from…
Q: Assets? (accounting)
A: Explanation of Return on Assets (ROA):ROA measures a company's efficiency in generating net income…
Q: General accounting
A: Step 1: Define Accrued InterestAccrued interest expense is the amount of interest that has been…
Q: Please provide this question answer general accounting
A: The Cash, Accounts Receivables, and Inventories are current assets. Thus, the following…
Q: Can you please solve this accounting problem?
A: Step 1: Define Accrual AccountingAccrual and cash accounting are two different approaches to…
Q: Need help
A: Question 1: Selling the Stock at $62 per ShareFor this question, I began by determining the total…
Q: Get correct answer
A: Step 1: Identify the sales figure for 2012Step 2: Identify the sales figure for the base year,…
Q: (55) Aaliyah is an employee of a company and earns a salary of $500 per day. In addition, for every…
A: Step 1: Calculate Aaliyah's salary for the pay periodAaliyah earns $500 per day and worked 20 days…
Q: Ans
A: Explanation: In the given case, we are required to calculate the working capital of Calin…
Q: ans
A: Explanation of Product Costs:Product costs are costs directly associated with the manufacturing of…
Q: Financial Accounting: 10 marks
A: Step 1:The total Cost for the Job to be recorded on the job sheet is the sum of Direct Materials,…
Q: Provide solution to this
A: referencehttps://corporatefinanceinstitute.com/resources/accounting/operating-cycle/
Q: Ans with steps
A: Explanation of Total Assets:Total assets represent all the resources owned by a company that have…
Q: I need answer of this question
A: The problem involves the accrued interest and the dirty price of a treasury note. Accrued interest…
Q: Onerous contract
A: Explanation of Onerous Contract: An onerous contract is one where the unavoidable costs of meeting…
Q: provide answer with short detailes
A: Step 1: Definition of Gross ProfitGross Profit is the financial metric that represents the amount of…
Q: Please give me answer
A: Step 1: Define Contra AccountsContra accounts deduct the balance in the account that cannot be…
Q: I need answer of this question
A: Step 1: Define Sales and ExpensesSales and expenses are interlinked; if a firm has to earn revenue…
Q: Give me true answer this accounting question
A: Step 1: Define High-Low MethodThe high-low method helps separate the total costs into variable and…
Q: Need Answer of this Question please provide solution
A: Step 1: Define Net Sales:Net sales is calculated by subtracting sales returns and allowances from…
Q: Get correct answer ziegler inc.
A: Step 1: Identify the high and low activity levels (the units) and costs.…
Q: Get correct answer accounting
A: Step 1: Define Operating LeverageThe degree of operating leverage evaluates the sensitivity of…
Q: The expected credit loss model requires what (accounting)
A: Explanation of Expected Credit Loss Model: The expected credit loss model is a forward-looking…
Q: Please provide correct solution for these accounting question
A: Step 1: Define Equivalent UnitsDue to the absence of beginning inventory work in process units, the…
Q: Get correct answer accounting
A: Step 1: Define Debt-equity RatioIn accounting and finance, the debt-to-equity ratio refers to a…
Choose the right answer
Step by step
Solved in 2 steps
- Question: about IFRS 2. Evaluate whether the treatment of the two types of share-based payments as equity (equity- settled share based payment) or liability(cash settled share-based payment) is in line with the enhancing qualitative characteristics in the IASB Conceptual Framework?Q. Which of the following is within the scope of investments accounted for using the equity method of accounting?a) Investment in a wholly-owned or partly-owned subsidiaryb) Joint venture's debt or equity instruments traded in a public marketc) Investment in associate that meets the criteria to be classified as held forsaled) Investment in a financial asset, measured at fair valueDirect cost incurred in a business combination are A. CapitalizedB. ExpensedC. Capitalized, except for costs of issuing equity and debt instrumentsD. Expensed, except for costs of issuing equity and debt instruments
- How is the investor’s share of gross profit on intra-entity sales calculated? Under the equity method, how does the deferral of gross profit affect the recognition of equity income?Consider the following statements.I. In applying the Equity Method of accounting for investments in associates, dividends received from the investee are considered a return of capital and should be credited to stockholders’ equity of the investor.II. A subsidiary is an affiliate that is not controlled by an enterprise directly, or indirectly, through one or more intermediaries.State whether the foregoing statements are correct.a. Only I is correctb. Only II is correctc. I and II are correctd. Neither I nor II is correctThe fair value method of accounting for stock a.recognizes dividends as income b.requires the investment to be decreased by the reported net income of the investee c.requires the investment to be increased by the reported net income of the investee d.is only appropriate as part of a consolidation
- ? Answer shareWhen shares are issued in exchange of legal services in order to incorporate an entity, the proper account to be debited is ______________, and the amount should be equal to _______________. a. Legal fees, fair value of the services b. Organization costs, par value of the shares c. Organization costs, fair value of the services d. Organization costs, fair value of the shares e. Legal fees, par value of the sharesWhich of the following statements is TRUE regarding the equity method? A. The equity method is used for reporting gains or losses for non-strategic investments. B. The investor's share of the associate's dividends declared is reported as revenue. C. The investor's investment in the associate changes in direct relation to the changes taking place in the associate's equity accounts. D. The equity method reports unrealized gains and losses on revaluations to fair value in net income.
- Which approach governs mutual company demutualization accounting? (a) Record at par value (b) Market value on conversion date (c) Original membership cost (d) Net asset value per share. Need helpExplain thoroughly why it is the answer.The proprietary theory, the entity theory, and the funds theory are three approaches to accounting for equities. Required: a. Describe briefly each of these theories b. State your reasons for emphasizing the application of one of these theories to each of the following: i. Single proprietorship ii. Partnership iii. Financial institutions (banks) iv. Consolidated statements v. Estate accounting