Assume that ABC Company acquires 80 percent of XYZ Company’s 120,000 outstanding voting shares on January 1, 2011, for Br 8 per share or a total of Br 768,000 cash consideration. Further assume that the 20 percent non-controlling interest shares traded both before and after the acquisition date at an average of Br 8 per share. Assume the subsidiary earned net income of Br 200,000 during the period and paid cash dividend of Br 30,000. Assume ABC used equity method. Required: 1. Record the necessary entries on the book of ABC

2. Prepare consolidated financial statement at the end of the year; December 31, 2011

Jamie is saving for a trip to europe. she has an existing savings account that earns 3 percent annual interest and has a current balance of $4,200. jamie doesn’t want to use her current savings for vacation, so she decides to borrow the $1,600 she needs for travel expenses. she will repay the loan in exactly one year. the annual interest rate is 6 percent. a. if jamie were to withdraw the $1,600 from her savings account to finance the trip, how much interest would she forgo? .b. if jamie borrows the $1,600 how much will she pay in interest? c. how much does the trip cost her if she borrows rather than dip into her savings?

Match the situations that will develop one's personality and those that won't peter is surrounded by friends who are always encouraging him jonathan always watches television when he wants to take a break from his books libby sets small targets for herself and strives to achieve them. the smiths indulge in an animated discussion on varied topics every evening after dinner. brook loves junk food and exercises once in a while. develops your personality develops doesn't develop your personality

To increase sales, robert sends out a newsletter to his customers each month, letting them know about new products and ways in which to use them. in order to protect his customers' privacy, he uses this field when addressing his e-mail. attach bcc forward to