Advanced Accounting - Standalone book
Advanced Accounting - Standalone book
12th Edition
ISBN: 9780077632588
Author: Hoyle
Publisher: MCG
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Chapter 7, Problem 1DYS
To determine

Prepare an Excel spreadsheet that computes the following:

1. Company T’s net income including its equity in Company B earnings.

2. H’s net income including its equity in Company T’s total earnings.

3. Total entity net income for the three companies.

4. Net income attributable to the non-controlling interests.

5. Difference between these elements:

  • Company S’s net income.
  • Total entity net income for the three companies less net income attributable to the non-controlling interests of the total entity.

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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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