Advanced Accounting - Standalone book
Advanced Accounting - Standalone book
12th Edition
ISBN: 9780077632588
Author: Hoyle
Publisher: MCG
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Chapter 3, Problem 33P

a.

To determine

Show how Company B determined the following account balances:

  • Gain on bargain purchase
  • Earnings from Company C
  • Investment in Company C

b.

To determine

Prepare a December 31, 2015, consolidated worksheet for Company B and Company C.

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1. Dividend per share in a company Rs. 2, earning per share is Rs. 5 and the market value of the share is Rs. 25. What will be its yield? A. O 20% B. 12.5% C. 8% D. 25%
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