Pink acquired 80% of the share capital of Blue on 1 April 2019. The retained earnings of Blue on 30 Sept 2018 were £135,000. No dividends paid by Blue in the year to 30 Sept 2019.

The fair value of the 20% non-controlling interest at acquisition was £200,000.

At acquisition the fair value of Blue's plant exceeded its carrying amount by £200,000. Plants are depreciated at 20% rate (straight line method).

Goodwill should be written down by £20,000 of its original value to allow for impairment.

Below are the statements of financial position of as at 30 Sept 2019.

Prepare the consolidated statement of financial position of Pink Group as at 30 September 2019, assuming the group uses the fair value method to account for non-controlling interest.

Include all relevant workings

I have another question that i need help with, please stick around after answering

Complete the following questions. In addition to answering the items below, you must submit an analysis of the assignment. Analyze the specific outcomes and write an analysis directed toward the team at Coco Inc. describing what the numbers mean and how they relate to the business. Submit journal entries in an Excel file and written segments in an MS Word document. For written answers, please make sure your responses are well-written, formatted per CSU-Global Guide to Writing and APA and have proper citations, if applicable. Assume that the following facts pertain to a non-cancelable lease agreement between Coco Inc. and Bubs, Corp, a Lessee.

Inception date January 1, 2017

Residual value of equipment at end of lease term, unguaranteed $50,000

Lease term 6 years

Economic life of leased equipment 8 years

Fair value of asset at January 1, 2017 $400,000

Lessor’s implicit rate 12%

Lessee’s incremental borrowing rate 10%

The lessee assumes responsibility for all executory costs, which are expected to amount to $2,000 per year. The asset will revert to the lessor at the end of the lease term. The lessee uses the straight-line depreciation method for all equipment.

Using the spreadsheet, Lease Amort Schedule found in the link below, prepare an amortization schedule that would be suitable for the lessee for the lease term.

Using the spreadsheet Journal Entries, prepare the journal entries for the lessee for 2017 and 2018 to record the lease agreement and all expenses related to the lease. Assume the Lessee’s annual accounting period ends on December 31 and that reversing entries are used when appropriate.

Calculations MUST be shown.

The template for answering is below:

Complete the following questions. In addition to answering the items below, you must submit an analysis of the assignment. Analyze the specific outcomes and write an analysis directed toward the team at Coco Inc. describing what the numbers mean and how they relate to the business. Submit journal entries in an Excel file and written segments in an MS Word document. For written answers, please make sure your responses are well-written, formatted per CSU-Global Guide to Writing and APA and have proper citations, if applicable. Assume that the following facts pertain to a non-cancelable lease agreement between Coco Inc. and Bubs, Corp, a Lessee. Inception date January 1, 2017 Residual value of equipment at end of lease term, unguaranteed $50,000 Lease term 6 years Economic life of leased equipment 8 years Fair value of asset at January 1, 2017 $400,000 Lessor’s implicit rate 12% Lessee’s incremental borrowing rate 10% The lessee assumes responsibility for all executory costs, which are expected to amount to $2,000 per year. The asset will revert to the lessor at the end of the lease term. The lessee uses the straight-line depreciation method for all equipment. Using the spreadsheet, Lease Amort Schedule found in the link below, prepare an amortization schedule that would be suitable for the lessee for the lease term. Using the spreadsheet Journal Entries, prepare the journal entries for the lessee for 2017 and 2018 to record the lease agreement and all expenses related to the lease. Assume the Lessee’s annual accounting period ends on December 31 and that reversing entries are used when appropriate. Templets: Prepare the journal entries to record the following. Date Account Title Amount Amount Account Title Provide a one line explanation for the reason why the journal entry has been made. Date Account Title Amount Amount Account Title Provide a one line explanation for the reason why the journal entry has been made. Date Account Title Amount Amount Account Title Provide a one line explanation for the reason why the journal entry has been made. Date Account Title Amount Amount Account Title Provide a one line explanation for the reason why the journal entry has been made. Date Account Title Amount Amount Account Title Provide a one line explanation for the reason why the journal entry has been made. Date Account Title Amount Amount Account Title Provide a one line explanation for the reason why the journal entry has been made. Date Lease Payment Interest Expense Reduction of Lease Liability Balance of Lease Liability January 1 2014 $400,000 January 1 2014 January 1 2015 January 1 2015 January 1 2017 January 1 2018 January 1 2019 December 31 2019

Complete the following questions. In addition to answering the items below, you must submit an analysis of the assignment. Analyze the specific outcomes and write an analysis directed toward the team at Coco Inc. describing what the numbers mean and how they relate to the business. Submit journal entries in an Excel file and written segments in an MS Word document. For written answers, please make sure your responses are well-written, formatted per CSU-Global Guide to Writing and APA and have proper citations, if applicable. Assume that the following facts pertain to a non-cancelable lease agreement between Coco Inc. and Bubs, Corp, a Lessee. Inception date January 1, 2017 Residual value of equipment at end of lease term, unguaranteed $50,000 Lease term 6 years Economic life of leased equipment 8 years Fair value of asset at January 1, 2017 $400,000 Lessor’s implicit rate 12% Lessee’s incremental borrowing rate 10% The lessee assumes responsibility for all executory costs, which are expected to amount to $2,000 per year. The asset will revert to the lessor at the end of the lease term. The lessee uses the straight-line depreciation method for all equipment. Using the spreadsheet, Lease Amort Schedule found in the link below, prepare an amortization schedule that would be suitable for the lessee for the lease term. Using the spreadsheet Journal Entries, prepare the journal entries for the lessee for 2017 and 2018 to record the lease agreement and all expenses related to the lease. Assume the Lessee’s annual accounting period ends on December 31 and that reversing entries are used when appropriate.

Templets:

A firm with a 14% WACC is evaluating two projects for this year’s capital budget. After-tax cash flows, including depreciation, are as follows:

PROJECT A: year 0 = -$6000 | year 1 = $2000 | year 3 = $2000 | year 4 = $2000 | year 5 = $2000

PROJECT B: Year 0 = -$18,000 | Year 1 = $5600 | Year 2 = $5600 | year 3 = $5600 | year 4 = $5600 | year 5 = $5600

a.Calculate NPV, IRR, MIRR, payback, and discounted payback for each project.

b.Assuming the projects are independent, which one(s) would you recommend?

c.If the projects are mutually exclusive, which would you recommend?

d.Notice that the projects have the same cash flow timing pattern. Why is there a conflict between NPV and IRR?

As CFO of Gaga Inc., you are considering two projects, each with a cost of capital of 11%, with the following cash flows:

t =               0   1     2     3      4    

Project S -6000 4000 3000 2000 1000

Project L -3500 2000 1000 2000 2000

1. What is the NPV and IRR of Project S? (2 pts)  

2. What is the NPV and IRR of Project L? (2 pts)

3. Which project(s) should you choose if they are mutually exclusive and there is no capital rationing? Justify your answer using appropriate criterion. (1 pt)

4. Which project should you choose if they are independent and there is severe capital rationing (such that you can only choose one)? Justify your answer using appropriate criterion. (1 pt)

An ecologist is studying a population of beetles and determines N=2000. During same time (that the population is N=2000), he also records 200 births and 120 deaths in the population over a one month period. Using this information, answer these questions.

a) Estimate r, the per capita growth rate in months and use it in the continuous model of population growth to estimate population size in 8 months.

b) Given the same per capita growth rate as above, how much time will it take the population to double?

c) Assume K for this population is 8000 (and N=2000), is the population growth rate increasing or decreasing?

d) Given that K = 8000, what is the population growth rate when N=2000?

e) What is r in time units of years?

Need to Refrain from Trading Prior to Dissemination of Material Non-Public Information

Companies and other related persons need to consider their market activities, including the issuance or purchase of securities, in light of their obligations under the federal securities laws. For example, where COVID-19 has affected a company in a way that would be material to investors or where a company has become aware of a risk related to COVID-19 that would be material to investors, the company, its directors and officers, and other corporate insiders who are aware of these matters should refrain from trading in the company’s securities until such information is disclosed to the public.

When companies disclose material information related to the impacts of COVID-19, they are reminded to take the necessary steps to avoid selective disclosures by disseminating such information broadly to the public.[4] Depending on a company’s particular circumstances, it should consider whether it may need to revisit, refresh, or update previous disclosure to the extent that the information becomes materially inaccurate.

Tell me briefly how it would affect the auditors responsibilities during the audit or during the timeframe when an audit is not happening (they are still a client). What is the exposure. What procedures if any, should the auditor propose or require be done?

Word count: 200 minimum

You've budgeted for yourself. Great. Now, let's budget for the business . I need a budget with an associated income plan to meet the expenses listed below. List each product/service you will need to provide at what cost in order to meet your annual budget. If you are a non-profit, you may have income from both sales (earned revenue) and fundraising (contributed revenue). Indicate how much of each you will have and be specific. You may have to adjust some of your expenses to make your revenue match. This may include adjusting some of your salaries from last week. Make sure you update your original salary file so that it matches your budget when you upload your completed business plan
Assignment: In Excel, calculate the following expenses for one year :

•Salaries ( from week 6): Include other costs of the employee as well including taxes and benefits •Facilities (from week 7)
•Office Supplies, Software, Products or supplies specific to your industry, etc.
•Taxes
•Marketing
•Fees or subscriptions to industry organizations or publications
•Any other expenses your business may have.