Insta Corp. invests in shares of other companies in 2015 for generating profit as shown below; Market Value Dec. 31 Security Purchase date Date sold Selling price Cost 2015 2016 DT June 2015 48.000TL 54.000TL 60.800TL Feb. 2017 59.600TL EA June 2015 116.000TL 104.800TL March 114.000TL 2016 a. Classify each investment as trading or available for sale. DT:

Insta Corp. invests in shares of other companies in 2015 for generating profit as shown below; Market Value Dec. 31 Security Purchase date Date sold Selling price Cost 2015 2016 DT June 2015 48.000TL 54.000TL 60.800TL Feb. 2017 59.600TL EA June 2015 116.000TL 104.800TL March 114.000TL 2016 a. Classify each investment as trading or available for sale. DT:

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Assume the following is a portion of the investment footnote from MetLife’s 2016 10-K report. Investment earnings are a crucial component of the financial performance of insurance companies such as MetLife, and investments comprise a large part of Metlife’s assets. MetLife accounts for its bond investments as available-for-sale securities. a. $223,926 million, $8,329 million gainb. $230,050 million, $6,124 million gainc. $223,926 million, $6,124 million gaind. $230,050 million, $2,205 million loss
Additional information:1. Held-to-maturity securities (long-term investment) carried at a cost of $43,000 on December 31, 2021, were sold in 2022 for $34,000. 2. Equipment that cost $50,000 and 80% depreciated was sold in 2022 for $8,000.3. Net income was $46,000 and $50,000 for 2022 and 2021, respectively.4. Dividends paid amounted to $10,000.5. A building was purchased at $500,000 on December 31, 2022 by issuing common stock at par 6. Transactions other than the purchase of a building were made in cash.Prepare a statement of cash flows for the year 2022. Use the indirect method for the operating activities.*Be sure to prepare the investing and financing activities as well.
1. Calculate operating profit margin ratio and net profit margin ratio for the year 2015, 2016 and 2017.
Chico Pop Co. stock price and dividend history are as follows: Year Beginning of year price 2014 $100 $110 $90 $95 2015 2016 2017 1.37% An investor buys three shares of Chico Pop at the beginning of 2014, buys another two shares at the beginning of 2015, sells one share at the beginning of 2016, and sells all four remaining shares at the beginning of 2017. What is the dollar-weighted average return for this investor? O 2.18% -1.07% Dividend paid at year end $2 O -2% $3 $4 $5
a. record the adjusting entry as of November 30, 2020 B. At what value will Co. a report its investment in foof Co. Stocks on its Novemver 30, 2020 balance sheet
shshsh not use ai please
Q1: How much is the investment income on 2021? Q2: How much is the carrying amount of the Investment in Associate as of December 31, 2021?
EXPLAIN THE RESULT OF EACH ITEMS
Estimating Share Value Using the DCF Model Following are forecasts of sales, net operating profit after tax (NOPAT), and net operating assets (NOA) as of December 31, 2018, for Humana. Note: Complete the entire question in Excel and format each answer to two decimal places. Then enter the answers into the provided spaces below with two decimal places. Reported Forecast Horizon Period Terminal $ millions Sales NOPAT NOA 2021 2022 2020 2018 2019 $57,472 $58,326 $59,192 $60,072 $60,964 3,179 3,218 3,140 3,052 3,102 4,844 4,657 4,718 4,781 4,592 Period $61,568 3,244 4,887 Answer the following requirements with the following assumptions: Assumptions Terminal period growth rate 1% Discount rate (WACC) 7.8% Common shares outstanding 135.60 million Net nonoperating obligations (NNO) $(5,569) million Noncontrolling interest $0 million NNO is negative because Humana's nonoperating assets exceed its nonoperating liabilities. (a) Estimate the value of a share of Humana's common stock using the…
1. Information on the Black PLC fixed income investment portfolio is the following (in EUR): Company A Company B Company C Classification Available for sale Held to maturity Held to maturity Cost 35 000 40 000 53 000 Market value, 31 Dec 2013 39 000 38 000 52 000 Market value, 31 Dec 2014 38 000 37 000 55 000 What is the balance sheet carrying value of the Black PLC investment portfolio as 31.12.2014? The balance sheet carrying value of Black Inc.'s investment portfolio would be higher if which of the securities had been reclassified as held for trading security? Explain why. 2. Cellphone Inc. acquires 50% of Battery AG in 2014 and needs to record investment on its balance sheet. Year ending 2014 Cellphone Inc Battery AG Revenue 1700 1350 EBIT 153 135 Net Income 75 68 Total Assets 1421 1283 Shareholders' equity 735 706 Under which accounting method (full consolidation, proportionate consolidation, equity method) profit margin of Cellphone…
Why it uses Market Price as Carrying Amount?
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