Which of the following costs of a business combination can be deducted from the value assigned to paid-in capital in excess of par? a. Direct and indirect acquisition costs. b. Direct acquisition costs. c. Direct acquisition costs and stock issue costs if stock is issued as consideration. d. Stock issue costs if stock is issued as consideration.
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Which of the following costs of a business combination can be deducted from the value assigned to paid-in capital in excess of par?
|
a. |
Direct and indirect acquisition costs. |
|
b. |
Direct acquisition costs. |
|
c. |
Direct acquisition costs and stock issue costs if stock is issued as consideration. |
|
d. |
Stock issue costs if stock is issued as consideration. |
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- Which of the following costs of a business combination can be included in the value charged to paid-in-capital in excess of par? direct and indiırect acquisition costs O direct acquisition costs direct acquisition costs and stock issue costs if stock is issued as consideration stock issue costs if stock is issued as considerationUnder IFRS, the amount of capital received in excess of par value would be credited to: a. Retained Earnings. b. Contributed Capital. c. Share Premium. d. Par value is not used under IFRS.Explain the difference between the proportional methodand the incremental method of allocating the proceeds oflump-sum sales of capital stock.
- Which of the following accounting methods is used to account for controlling interest investments? A. cost method B. discounted cash flow method C. consolidation method D. acquisition methoWhen the equity feature of a compound instrument is exercised, the related share premium is O A. transferred directly to retained earnings B. transferred to profit or loss c. transferred within equityCompute for the COST OF STOCK or SHARE RIGHTS allocated from the investment.
- According to IAS 39 Financial Instruments: Recognition and Measurement, at what amount should a financial instrument such as a long-term investment in the shares of a company initially be measured? A. Cost of the nearest equivalent financial instrument B. Fair value of consideration given C. Fair value of consideration given plus directly attributable transaction costs D. Fair value of consideration given less directly attributable transaction costsHow is the realised percentage return from investing in a share calculated? A. The cash flows received from the share divided by the price paid for the share. B. Dividends received plus the difference between the selling price and the purchase price, divided by the purchase price. C. The price paid for the share divided by the selling price. D. Both (b) and (c)What is reflected in the additional paid-in capital account?Required to answer. Single choice. a. Whichever is higher of (1) the difference between the market price and the par value when the stock was issued and (2) the difference between the market price and the par value when the stock was reacquired b. Whichever is lower of (1) the difference between the market price and the par value when the stock was issued and (2) the difference between the market price and the par value when the stock was reacquired c. The difference between the market price and the par value when the stock was reacquired d. None of the above e. The difference between the market price and the par value when the stock was issued.
- 1. What is the market value for each ordinary share capital upon the declaration of the share capital dividend?2. What is the total amount of contributed capital?Which is a correct statement below? A. Equity is the residual interest in the liabilities of the entity after deducting all of its assets.B. Subscriptions receivable shall preferably be reflected as a deduction from the related subscribed share capital.C. Share premium is also known as capital stock.D. A deficit is a credit balance in retained earnings.The Equity Method of accounting for investments: a) Requires the investment asset to increase proportionally with the affiliates net income b) Requires the investment asset to decrease proportionally with the affiliates net loss c) Requires the investment asset to decrease proportionally with dividends received d) All of the above
