Chapter 1 the equity method of accounting for investments Answers to Questions 1. The equity method should be applied if the ability to exercise significant influence over the operating and financial policies of the investee has been achieved by the investor. However‚ if actual control has been established‚ consolidating the financial information of the two companies will normally be the appropriate method for reporting the investment. 2. According to Paragraph 17 of APB Opinion 18‚ "Ability
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There are several reasons I am in need of financial assistance to attend Gateway. I am a non-traditional student‚ living below the poverty level while raising two children under age 12 as a single Mom. I have the financial burdens of keeping a roof over our heads‚ the lights on‚ and the house warm in the winter. I am working two part-time jobs in my field of study while attending college to make ends meet. I have taken out student loans to ease my financial burden‚ but I do not want to keep increasing
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from being sad if parents tell them the truth. Now children do lie quite more than adults for their own reasons. The real question is why do children lie? Children lie often because they think the truth hurts people’s feelings and they are afraid of telling the truth. Parents teach their kids not to lie‚ but yet they allow their children to lie when it involves someone’s feelings. That is why children lie because sometimes they feel
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whyWhy Succesful Companies Fail ? Ex : This article examines the internal and external factors that contributed to the decline of Dunlop. For much of its history Dunlop operated in a protected home market or instigated strategies to restrict competition. This enabled Dunlop to dominate the British tyre industry. The complacency and inertia of management was exposed by a number of external jolts that produced radical environmental changes. Management failed to develop appropriate strategies which
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deserve it at all. Now‚ in this day and age‚ kids are being taught about what happened to these different races in their history class‚ and it influences their behavior towards people that look different‚ because if their ancestors did it than their must have been a reason for it. Although‚ the only reason for it was that white people wanted all the power so they put themselves at the top of the social structures‚ and that is why race continues to stay around
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INV3701/101/3/2012 Tutorial letter 101/3/2012 INVESTMENTS: EQUITY ASSET VALUATION INV3701 Semester Course Department of Finance‚ Risk Management and Banking This tutorial letter contains important information about your module. Bar code Open Rubric CONTENTS 1 1.1 INTRODUCTION AND WELCOME ............................................................................................... 3 Tutorial matter .....................................................................
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Xytech was a high-tech company that had been started by three partners in early 20X0. Their successful product designs led to rapid growth of the company‚ with resulting needs for additional capital to support the growth. This case describes the major financing transactions entered into by Xytech in its first 10 years of existence. The firm’s earnings history also is given. You are to write a journal entry for each transaction as it is described. You should be explicit about what noncurrent liability
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A company may issue both stocks and bonds which can be a sign of the company’s financial standing in a market. Since investors are risk averse and they would not like to put their money on stocks and bonds of a struggling company‚ but they would like to put their money on stocks and bonds of a stable and a progressing company. Investors benefit from company’s profit in the form of dividend when they buy a company’s stocks and investors can get higher or lower yield based on the bonds. This is the
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Company Law: Assignment 1. Advise Sarah and Jane of the advantages and disadvantages of operating their business: a. Separately b. Sarah Jane Pty Ltd c. Sarah Jane Ltd Separately -less cost to set up the business -easy to comply with legal requirement under the corporation act Disadvantages: -you are there on your own unlimited unlimited liability her own asset could in danger as the result of breaches in contract and in tort The advantage of Sarah Jane Pty Ltd: Sarah‚ Jane and their employees
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The U.S. government has three main branches. These three branches are the Legislative‚ Judicial and Executive. Each of these branches were made possible by the checks and balances in the constitution written by James Madison. Each of these branches all have a very specific job. As well as always needing to confirm with each branch so not one branch has too much power. The Legislative branch consists of the House of Representatives and the Senate. (whitehouse.gov) The constitution allows this branch
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