Maurice Tutor

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About Maurice Tutor

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Algebra,Applied Sciences,Biology,Calculus,Chemistry,Economics,English,Essay writing,Geography,Geology,Health & Medical,Physics,Science Hide all
Teaching Since: May 2017
Last Sign in: 408 Weeks Ago, 3 Days Ago
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Education

  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

Experience

  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Management Posted 21 Oct 2017 My Price 5.00

Otano Inc,

On January 1, 2010, Otano Inc, had cash and share capital of O?60,000,000. At that date, the company had no other asset, liability, or equity balances. On January 2, 2010, it purchased for cash O?20,000,000 of equity securities that it classified as non-trading. It received cash dividends of O?3,000,000 during the year on these securities. In addition, it has an unrealized holding gain on these securities of O?4,000,000 net of tax. Determine the following amounts for 2010:
(a) Net income.
(b) Comprehensive income.
(c) Other Comprehensive Income, and
(d) Accumulated other comprehensive income (end of 2010).

Answers

(5)
Status NEW Posted 21 Oct 2017 12:10 PM My Price 5.00

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