Ford Motor Company’s 2011 financial statements revealed that it has extensive equity method investments. In total,...
Ford Motor Company’s 2011 financial statements revealed that it has extensive equity method investments. In total, the balance sheet showed equity investments of $2,569 million at December 31, 2010, and $2,936 million at December 31, 2011. During 2011 Ford included equity income of $500 million in its income statement, and footnote 11 indicates that approximately $316 million in dividends was received from equity investees.
Compute the approximate change in Ford’s equity investment asset that cannot be explained by either increases (decreases) due to its share in earnings (losses) or decreases due to dividends received. You may find a T-account will help your analysis.
Ford uses the indirect method to construct its cash flow statement. Indicate how these transactions with equity investees would be shown in the statement of cash flows.
Ford Motor Company’s 2011 financial statements revealed that it has extensive equity method investments. In total, the balance sheet showed equity investments of $2,569 million at December 31, 2010, and $2,936 million at December 31, 2011. During 2011 Ford included equity income of $500 million in its income statement, and footnote 11 indicates that approximately $316 million in dividends was received from equity investees.
Compute the approximate change in Ford’s equity investment asset that cannot be explained by either increases (decreases) due to its share in earnings (losses) or decreases due to dividends received. You may find a T-account will help your analysis.
Ford uses the indirect method to construct its cash flow statement. Indicate how these transactions with equity investees would be shown in the statement of cash flows.
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Ford Motor Company’s 2011 financial statements revealed that it has extensive equity method investments. In total,...
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Pick any two of the
financial statements:
the consolidated balance sheet (statement of financial
position)
the consolidated income statement (statement of income or
statement of comprehensive income)
the statement of cash flows for Ford.
Recast the two
selected financial statements and present the statements
following/in accordance with the IFRS, presentation-wise, as
accurately as you can (you do not need to restate any of the
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show the solution as well The Equity Method of Accounting for Investments 31 17. On January...
show the solution as well
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Pick any two of the
financial statements:
the consolidated balance sheet (statement of financial
position)
the consolidated income statement (statement of income or
statement of comprehensive income)
the statement of cash flows for Ford.
Recast the two
selected financial statements and present the statements
following/in accordance with the IFRS, presentation-wise, as
accurately as you can (you do not need to restate any of the
results for Ford in this process-just work with the results as
presented)
FORD MOTOR COMPANY AND...
assets of Lavery rather than a 30% interest. P 12-11 Fair value option; equity method investments LO12-5 2, LO12-8 L [This problem is a variation of P 12-102 focusing on the fair value option.] On January 4, 2018, Runyan Bakery paid $324 million for 10 million shares of Lavery Labeling Company common stock The investment represents a 30% interest in the net assets of Lavery and gave Runyan the ability to exercise significant influence over Lavery's operations. Runyan chose the...
Check my work Problem 12-10 Investment securities and equity method investments compared 12-7 [L On January 4, 2018, Runyan Bakery paid $324 million for 10 million shares of Lavery Labeling Company common stock. The investment represents a 30% interest in the net assets of Lavery and gave Runyan the ability to exercise significant influence over Lavery's operations. Runyan received dividends of $2.00 per share on December 15, 2018, and Lavery reported net income of $160 million for the year ended...
er 15 Investments and Fair Value Accounting PR 15-3B Stock investment transactions, equity method and available-for-sale 03.3.4 securities Glacier Products Inc. is a wholesaler of rock climbing gear. The company began operations on January 1, 2016. The following transactions relate to securities acquired by Glacier Products Inc., which has a fiscal year ending on December 31: 2016 Jan. 18. Purchased 9,000 shares of Malmo Inc. as an available for sale investment at $40 per share, including the brokerage commission. July...
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show the solution as well
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