What amount will be reported in the balance-sheet, Managerial Accounting

+44 141 628 6080
[email protected]

What amount will be reported in the balance-sheet

On Jan1, 2009, Nana Co. paid $100,000 for 8000 shares of Papa Co. common stock. These securities were classified as trading securities. The ownership in Papa Co. is 10%. Papa reported net income of $52,000 for the year ended Dec 31, 2009. The fair value of the Papa stock on that date was $45 per share. What amount will be reported in the balance sheet of Nana Co. for the investment in Papa at Dec 31, 2009?

Request for Solution File

Ask an Expert for Answer!!

Managerial Accounting: What amount will be reported in the balance-sheet

Reference No:- TGS083393

Expected delivery within 24 Hours

Have a Question? (oR Write a Review)

Write atleast 100 words!!

Recent Questions Asked Managerial Accounting

Q : The topic for this problem is aerobic respiration

For each of the reactions or products given choose the metabolic pathway or pathways where that reaction occurs or the product is made.

Q : A large office that is over 300 meters

You have a large office that is over 300 meters end to end. You need about 800 office PCs that need connectivity to printers and the Internet. You have about 100 PCs that require the transfer of very large graphics files. Yes, this question is somewh

Q : How many units must be produced during the month

Pardee Company plans to sell 12,000 units during the month of August. If the company has 2,500 units on hand at the start of the month, and plans to have 2,000 units on hand at the end of the month, how many units must be produced during the month

Q : What would be the size of the resulting deadweight loss

What would be the size of the resulting deadweight loss relative to the competitive outcome? What would the Lerner Index for the monopoly be?

Q : What amount will be reported in the balance-sheet

The fair value of the Papa stock on that date was $45 per share. What amount will be reported in the balance sheet of Nana Co. for the investment in Papa at Dec 31, 2009?

Q : Are there other ways in which decisions can be linked

Are there other ways in which decisions can be linked? So the decision of another person put a few constraints on some of my decisions. How else can decisions be linked?

Q : What was her interest rate

The simple interest formula is I = PR. Susan invested $12,000 for one year at simple interest and earned interest of $1,020. What was her interest rate?

Q : What would be the total combined direct labor cost

If the direct labor work force is fully adjusted to the total direct labor-hours needed each month, what would be the total combined direct labor cost for the two months?

Q : Write a basic syntax of the alter command

Write a basic syntax of the ALTER command to add a column named cell_number with a data type of number and a length of 10 to a table named customer.

1934217

Questions
Asked

3,689

Active Tutors

1437349

Questions
Answered

Start Excelling in your courses, Ask a tutor for help and get answers for your problems !!

ask Question

Request for Solution File

Ask an Expert for Answer!!

Managerial Accounting: What amount will be reported in the balance-sheet

Reference No:- TGS083393

Have a Question? (oR Write a Review)

Recent Questions Asked Managerial Accounting

Q : The topic for this problem is aerobic respiration

Q : A large office that is over 300 meters

Q : How many units must be produced during the month

Q : What would be the size of the resulting deadweight loss

Q : What amount will be reported in the balance-sheet

Q : Are there other ways in which decisions can be linked

Q : What was her interest rate

Q : What would be the total combined direct labor cost

Q : Write a basic syntax of the alter command

What environmental control plan pertains to replace

Provide a definition of physical abuse

Irrigation scheduling for waterwise irrigation management

Why is bulimia nervosa prevalent in western culture

Discuss acetaminophen is prescribed for a child

Discuss risk for early termination of breastfeeding

Discuss mother concerns about daughters school performance

Request for Solution File

Ask an Expert for Answer!!

Managerial Accounting: What amount will be reported in the balance-sheet

Reference No:- TGS083393

Recent Questions Asked Managerial Accounting

Q : The topic for this problem is aerobic respiration

Q : A large office that is over 300 meters

Q : How many units must be produced during the month

Q : What would be the size of the resulting deadweight loss

Q : What amount will be reported in the balance-sheet

Q : Are there other ways in which decisions can be linked

Q : What was her interest rate

Q : What would be the total combined direct labor cost

Q : Write a basic syntax of the alter command

Asked Questions