a. 1,350,000b. 1,290,000c. 1,330,000d. 1,600,000 Tali Co. Acquired 80% of Wind Corp.'s voting rights. The statements of financial position of both entitiesimmediately after the acquisition are shown below:Tali Co.Wind Corp.Investment in Subsidiary (cost)430,000Other Assets1,570,000750,000Assets2,000,000750,000Liabilities750,000400,000Ordinary Share CapitalRetained Earnings1,000,000310,000250,00040,000Liabilities and Stockholders' Equity2,000,000750,000The fair value of Winds' assets is P50,000 more than the aggregate carrying amounts. Non-controlling interest ismeasured under the proportionate share method. How much is the consolidated total equity?

Tali co. acquired Wind corp. = 80% Balance sheet of both companies are given. Computation of…

Tali Co. Acquired 80% of Wind Corp.'s voting rights. The statements of financial position of both entities immediately after the acquisition are shown below: Tali Co. Wind Corp. Investment in Subsidiary (cost) Other Assets Assets 430,000 1,570,000 2,000,000 750,000 750,000 Liabilities Ordinary Share Capital Retained Earnings Liabilities and Stockholders' Equity 400,000 750,000 1,000,000 250,000 310,000 40,000 2,000,000 750,000 The fair value of Winds' assets is P50,000 more than the aggregate carrying amounts. Non-controlling interest is measured under the proportionate share method. How much is the consolidated total equity?

Tali Co. Acquired 80% of Wind Corp.'s voting rights. The statements of financial position of both entities immediately after the acquisition are shown below: Tali Co. Wind Corp. Investment in Subsidiary (cost) Other Assets Assets 430,000 1,570,000 2,000,000 750,000 750,000 Liabilities Ordinary Share Capital Retained Earnings Liabilities and Stockholders' Equity 400,000 750,000 1,000,000 250,000 310,000 40,000 2,000,000 750,000 The fair value of Winds' assets is P50,000 more than the aggregate carrying amounts. Non-controlling interest is measured under the proportionate share method. How much is the consolidated total equity?

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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4G+ 12:43 PM 12.6KB/s © l 61 00:17:22 Remaining Multiple Choice The cost of intangible asset acquired by way of government grant is recorded at Fair value Nominal amount plus directly attributable costs Fair value or nominal amount plus directly attributable costs, whichever is lower Fair value or nominal amount plus directly attributable costs, representing an accounting policy choice by the entity 7 of 25 レ

A4 9b A4 9a We find the following information on NPNG (No-Pain-No-Gain) Inc.: EBIT = $2,000,000Depreciation = $250,000Change in net working capital = $100,000Net capital spending = $300,000 These numbers are projected to increase at the following supernormal rates for the next three years, and 5% after the third year for the foreseeable future: EBIT: 20%Depreciation: 10%Change in net working capital: 15%Net capital spending: 10% The firm’s tax rate is 35%, and it has 1,000,000 outstanding shares and $8,000,000 in debt. We have estimated the WACC to be 15%. b. Calculate the CFA* for each of the next four years, using the formula CFA* = EBIT(1 – T) + Depr – ΔNWC – NCS.
Question number 37
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Your company has a project available with the following cash flows: Year 0 1 2345 Cash Flow -$80,900 21,600 25,200 31,000 26,100 20,000 If the required return is 15 percent, should the project be accepted based on the IRR?
*6 The Chester E Peters recreational center, in its current form, was completed in three phases. Phase 1 was completed in 1980 and cost $3.3M at that time. Phase 2, which cost $8.2M at the time, was completed in 1995. Phase 3 was completed in 2013 and cost $12.5M. How much would the entire project cost (in terms of today’s dollar) if built today (2021)? The BCI values are 6200, 4600, 3300, and 1650 in 2021, 2013, 1995, and 1980, respectively.
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