Questions
Decide in 100 words American Apparel: What did they do well? Is there anything they didn't...

Decide in 100 words American Apparel: What did they do well? Is there anything they didn't consider? please type

In: Economics

What are some of the major differences between the American business culture and the French business...

What are some of the major differences between the American business culture and the French business culture.

Min (250 words)

In: Operations Management

(american govenrment) Should states continue to allow ballot initiatives and other forms of direct democracy? Why...

(american govenrment)

Should states continue to allow ballot initiatives and other forms of direct democracy? Why or why not?

In: Economics

Research intellectual property theft and discuss the relevance of intellectual property crimes and its hidden cost...

Research intellectual property theft and discuss the relevance of intellectual property crimes and its hidden cost on American society

In: Psychology

Considering recent changes in American culture, how would a critical theorist explain an increase in the...

Considering recent changes in American culture, how would a critical theorist explain an increase in the juvenile gang population?

In: Psychology

Decide in 250 words American Apparel: What did they do well? Is there anything they didn't...

Decide in 250 words American Apparel: What did they do well? Is there anything they didn't consider? please type

In: Economics

. How did the growth of the factory system limit the traditional freedoms of American artisans,...

. How did the growth of the factory system limit the traditional freedoms of American artisans, and how did they respond? *APUSH*

In: Economics

Due to COVID-19 impact, Watson Co becomes insolvent and placed into voluntary liquidation by its directors....

Due to COVID-19 impact, Watson Co becomes insolvent and placed into voluntary liquidation by its directors. Dissolve liquidators have been appointed as the company liquidators. On the winding up of the Watson Co, Dissolve liquidators have started distributions and Paul as ex-shareholder of Watson Co received $7,200 from the liquidators, which was inclusive of $3,000 unfranked dividend pursuant to the provision of Income Tax Assessment Act 1963, section 47(1). This distribution to Paul was from his $4,000 investment in the shares of Watson Co on 2nd February 2019. Required: With reference to relevant provisions of ITAA 97 and ITAA 36, critically analyze the tax consequences of the above scenario for Paul. (10 marks, maximum 300 words).

Please Answer

In: Accounting

Subject: financial reporting IFRS 5 – Photo processing machine On 1 January 20X1, Michelle Co. bought...

Subject: financial reporting

IFRS 5 – Photo processing machine

On 1 January 20X1, Michelle Co. bought a photo processing machine for €20,000. It had an expected useful life of 10 years and no residual value.

On 31 December 20X2, after 2 years of using the machine, Michelle Co. decides to sell it and steps were taken to locate a buyer. The machines in question are in short supply, so Michelle Co. is confident that the machine will be sold quickly.

Its current market value is €15,000 and it will cost €500 to dismantle the machine and make it available to a purchaser.

Required:
At what value would the machine be stated in Michelle Co.’s Statement of Financial Position
at 31 December 20X2?
Outline the appropriate accounting treatment.

In: Accounting

Red Co. is planning to invest some of its excess cash in 5-year bonds issued by...

Red Co. is planning to invest some of its excess cash in 5-year bonds issued by Black Co. and in 2% of ordinary shares of Blue Co. Both Black’s bonds and Blue’s shares are traded actively on securities market. Red Co. plans to hold the bonds until the maturity date and trade the shares in short term. Regarding the accounting for these investments, answer the following questions:

1. How should Red classify the bonds and the shares?

2. What is the accounting treatment for the Black bonds? And what is the accounting treatment for the bonds if Red has the following strategies?

a) an active trading strategy for the bonds or

   b) a plan to sell the bonds in the long run.

3. Identify and explain the different types of classifications for equity investments.

In: Accounting