Andrew Company purchased 800 ordinary shares of Valley Industries as a trading investment for P148,800. During the year, Valley Industries paid a cash dividend of P32 per share. At year-end, Valley’s shares were selling for P174 per share. In the income statement for the current year-end, what net amount of unrealized gain/loss and dividend revenue should be reported by Andrew Company?

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A: The retained earnings are the net income of the business to be available for shareholders.

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Q: How much is the total cash outflows from investing activities?

A: Total cash outflows from investing activities -15200000 (Option A)

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A: Solution:  journal entries Cosmos Corporation should record for these transactions and events are as…

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A: The question is based on the concept of Financial Accounting.

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A: The process by which a business purchases another business, either to expand its current operations…

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A: Retained Earnings is the part of Net Income left over for the business after dividend payments to…

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A: The journal entries are the basic method for recording transactions. The portion of shares acquired…

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A: Journal is a place where accounting transactions are listed in the book keeping system before ledger…

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A: Purchases of 300 shares for $9300 i.e.$31per share

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Q: Bean Corp

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A: Answer -    Working - 1. (1,200 shares * $88) + $135 = 105735 2. (3,000 shares * $38) + $85 = 114085…

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A: Operating activity refers to the normal business activity of a company in which transaction like…

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A: A group cost of sales is the cost of sales which is shown on the consolidated financial statement in…

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A: Stock: Stock is a share that describes the ownership of an individual in the corporation. These…

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A: This strategy is only employed when the investor has sufficient control over the investee. The…

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A: The question is based on the concept of Cashflow statements.

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Consolidation

Consolidation in general examination implies an asset oscillating between well-defined methods of trading status. Consolidation is commonly known as market indecisiveness, which completes when the asset's values move forward or backward the trading structure.