FACULTY OF BUSINESS AND ECONOMICS DEPARTMENT OF ACCOUNTING AND FINANCE ACCG308 2013 session 1 Week 7 Self-Study Solutions Purchase consolidation 1 2 17.1 Define the following terms: holding company‚ subsidiary‚ ultimate parent‚ group entity‚ sub-subsidiary‚ reporting entity and indirect interest. Holding company: A company whose sole activity is to invest in other companies‚ at least one of which is controlled. Also used as a synonym for parent company. Subsidiary: (a) (b)
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(1/7/05) Share capital Business combination valuation reserve General reserve Goodwill Shares in Wombat Ltd Dr Dr Dr Dr Dr Cr 7 500 15 000 6 300 1 500 9 700 40 000 Pre-acquisition entry at 30/6/10: Retained earnings (1/7/09) * Dr 8 550 Share capital Dr 15 000 Business combination valuation reserve Dr 5 250 General reserve Dr 1 500 Goodwill Dr 9 700 Shares in Wombat Ltd Cr * 75%[$10 000 + $2 800 (inventory) – $1 400 (receivables)] 40 000 Transfer from business
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CHAPTER 23 Pure Competition A. Short-Answer‚ Essays‚ and Problems 1. How does pure competition differ from other basic market models? 2. What are some examples of the four different market structures? 3. What are four characteristics of pure competition? 4. How would you describe the demand curve for the purely competitive firm? For the industry? 5. What is the difference between average‚ total‚ and marginal revenue? What is the
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The Glass Ceiling Lack of African American in Executive Positions in Fortune 500 ABSTRACT Recent research proves that African Americans are not given the same opportunities in executives’ positions for Fortune 500 Companies. The lack of African Americans representation in the corporate world is due to is a form of discrimination. The government has accepted a new term called the glass ceiling; there is an invisible barrier that has been place over the ladder movement. The purpose of this study
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Lab 1: Low Nail Company |Scenario/Summary | After making some wise short-term investments at a race track‚ Chris Low had some additional cash to invest in a business. The most promising opportunity at the time was in building supplies‚ so Low bought a business that specialized in sales of one size of nail. The annual volume of nails was 2‚000 kegs‚ and they were sold
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questions.) Orders/year | Order size | Processing costs ($) | Warehousing costs ($) | Sum of processing and warehousing costs ($) | 1 | 2‚000 | Free | 2‚000 | 2‚000 | 2 | 1‚000 | Free | 1‚000 | 1‚000 | 3 | 667 | 90 | 667 | 757 | 4 | 500 | 120 | 500 | 620 | 5 | 400 | 150 | 400 | 550 | 6 | 334 | 180 | 334 | 514 | 7 | 286 | 210 | 286 | 496 | 8 | 250 | 240 | 250 | 490 | 9 | 223 | 540 | 223 | 743 | | | | | | The new EOQ‚ based on the above information‚ is 250 kegs. Question
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lump was passed from 10# sieve. Granules were dried at 40°C. Lubricant was added to granules. Granules were compressed to prepare tablets. Table 4.6: composition of trail F1 and F2 Ingredients F1 F2 Metformin Hydrochloride IP2010 500 mg 500 mg Yellow Bees Wax IP2010 500 mg 250 mg Paraffin Wax IP2010 - 250 mg Lactose IP2010 250 mg 250 mg Magnesium Stearate IP2010 2 mg 2 mg Talc IP210 2 mg 2 mg Total weight 1.254 gm 1.254 gm 4.4.2.2. Feasibility Trail F3‚ F4 and F5 Feasibility trails F3‚ F4
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either $500 or $200‚ each with probability 0.5. Suppose the firm pays taxes at a rate of 40% for all its cash flow in excess of $300. The value of the firm is the expected discounted value of its cash flow less the expected discounted value of bankruptcy costs and taxes that it pays. The firm can hedge by buying/selling forward contracts on gold. Start by assuming that bankruptcy costs are zero. (a) Find the value of the unhedged unlevered firm. (10 points) Answer: 1 · [350 − 0.5 · 0.4 · (500 − 300)] =
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that you sell short 500 shares of Intel‚ currently selling for $40 per share‚ and you give your broker $15‚000 to establish your margin account. Assume Intel pays no dividends. a) If you earn no interest on the funds in your margin account‚ what will be your rate of return after one year if Intel stock is selling at (i) $44; (ii) $40; (iii) $36? The gain or loss on the short position is 500 P . Invested funds are $15‚000. Therefore‚ your rate of return will be 500 P / 15000 . The
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system. (500 Words) ii) What is meant by student evaluation of teachers? Do you think that evaluation of teachers by their students should be carried out in schools? Justify your answers (500 Words) iii) Visit two secondary schools in your locality. Meet the Principals/ Headmasters‚ teachers and administrative staff of the schools. Find out what steps they are taking to improve the effectiveness of their schools. Prepare a report on your findings. (500 Words)
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