The Daddy Group has the following group structure: Daddy Ltd 80% 80% 27% Son 1 Ltd Son 2 Ltd Son 3 Ltd 70% 55 30 % Son 4 Ltd Son 5 Ltd 10% 5% 45% 95% Son 6 Ltd Son 7 Ltd
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Required:
(a) Reproduce and complete the following controlling and non-controlling interest table. Show your calculations.
(b) What percentage of the voting in Son 7 Ltd will be controlled by the Daddy Ltd?
(c) What percentage of the dividend declared by Son 7 Ltd will be received by the Daddy Ltd?
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- The Daddy Group has the following group structure:Daddy Ltd80% 80%27%Son 1 Ltd Son 2 Ltd Son 3 Ltd70% 55%30 %Son 4 Ltd Son 5 Ltd10% 5% 45% 95%Son 6 Ltd Son 7 Ltd(a) Reproduce and complete the following controlling and non-controlling interest table. Show your calculations. (b) What percentage of voting in Son 7 Ltd will be controlled by Daddy Lt(c) What percentage of the dividend declared by Son 7 Ltd will be received by Daddy Ltd?Daddy Group has the following group structure:Daddy Ltd80% 80%27%Son 1 Ltd Son 2 Ltd Son 3 Ltd70% 55%30 %Son 4 Ltd Son 5 Ltd10% 5% 45% 95%Son 6 Ltd Son 7 Ltd(a) Reproduce and complete the following controlling and non-controlling interest table. Showyour calculations.(b) What percentage of the voting in Son 7 Ltd will be controlled by the Daddy Ltd?(c) What percentage of the dividend declared by Son 7 Ltd will be received by the Daddy Ltd?Daddy Interest Son 1 Son 4 Son 2 Son 5 Son 7 Son 6 Son 3Direct %Indirect %Non-controllingInterestDirect %Indirect %TotalThe Daddy Group has the following group structure:Daddy Ltd80% 80% 27%Son 1 Ltd Son 2 Ltd Son 3 Ltd70% 55%30 %Son 4 Ltd Son 5 Ltd10% 5% 45% 95%Son 6 Ltd Son 7 Ltd(a) Reproduce and complete the following controlling and non-controlling interest table. Show your calculations.(b) What percentage of the voting in Son 7 Ltd will be controlled by the Daddy Ltd? (c) What percentage of the dividend declared by Son 7 Ltd will be received by the Daddy Ltd? Daddy Interest
- Gold River Corporation has the following data: Current Assets $206,000 Total Assets $20,000 Net Income $345,000 Current Liabilities $125,000 Total Liabilities $250,000 Stockholders' equity $270,000 Average common shares outstanding 10,000 What is Gold River's current ratio? a. 2.08 b. 1.64 c. 1.56 d. 0.82 Just want to confirm. My answer is 1.64Prepare a common size statement for Mickey Corp and Mighty Corp Mickey Corp. Mighty Corp Sales 2,300,000.00 1,860.000.00 Cost of Sales. 1,050,000.00 980,000.00 Gross Profit on sales. 1,250,000.00. 880,000.00 Operating expenses 950,000.00 400,000.00 Net Income. 300,000.00. 480,000.00a) Prepare common statementb) Give your written analysis.Financial information relating to Health Ltd is as follows: Number of ordinary shares 2,000,000 Earnings per share (EPS) 50p Dividend per share (DPS) 25p Growth in dividends 10% Other information: Industry PE 8 Industry β (beta) 1.4 Return on market 14% Risk free rate of return 4% Calculate the value per share of Healthwise Ltd using dividend valuation model; where P0 = D0(1+g)/(Ke – g)
- 10. Use the information below provided by Angel Baby Angel Company: Sales 8,250,000.00 Operating costs 4,725,000.00 Operating income 3,525,000.00 Interest expense 1,750,000.00 Earnings before taxes 1,775,000.00 Taxes (40%) 621,250.00 Net income 1,153,750.00 WACC = 8%, Total invested capital 24,875,000. Calculate the EVA. (2 decimal places) Refer to Angel Baby Angel Company, what is its TIE ratio? Use 4 decimal places in your final answer.The Daddy Group has the following group structure: Daddy Ltd 80% 80% 27% Son 1 Ltd Son 2 Ltd Son 3 Ltd 70% 55% 30 % Son 4 Ltd Son 5 Ltd 10% 5% 45% 95% Son 6 Ltd Son 7 Ltd (a) Reproduce and complete the following controlling and non-controlling interest table. Show your calculations. (b).What percentage of the voting in Son 7 Ltd will be controlled by the Daddy Ltd? (c). What percentage of the dividend declared by Son 7 Ltd will be received by the Daddy Ltd? Daddy Interest Son 1 Son 4 Son 2 Son 5 Son 7 Son 6 Son 3 Direct % Indirect % Non-controlling Interest Direct % Indirect % Total Show all the workings of calculationsY8 Use the following information to answer questions 26 to 30 Moira Rose Ltd a company within the entertainment industry was incorporated with an authorised share capital of 500 000 NPV ordinary shares and 300 000 15% preference shares of R7 each. The company’s financial year end is 31 December. The following share transactions were recorded in the books of Moira Rose Ltd since incorporation: • On 2 February 2021, 100 000 ordinary shares were issued to subscribers at R5 per share • On 1 August 2021, 135 000 ordinary shares and 190 000 15% preference shares were issued to the public at R8.50 each and R10 each respectively. • On 31 March 2022, 70 000 15% preference shares were issued at R12.50 each • On 18 April 2022, the share capital: ordinary shares increased by R391 500. These shares were issued at R8.70 each. On 30 June 2022, the directors approved a capitalisation issue of 2 shares for every 5 ordinary shares held at R5.00 per share. On 15 December 2022, the board of Moira…
- X Co. has the following information: Sale $ 1,200,000 Cost of sales $800,000 Operating expenses $200,000 interest expense $ 20,000 Tax $ 10,000 current liabilities $120,000 Non-current liabilities $200,000 share capital $ 500,000 Retained earnings $ 300,000 the returns on capital employed ratio is a. 15.18% b. 17% c. 21.25% d. 1.5 xfrom the given information calculate EFS and P/E ratio Net Income : 5,00,000 8% prference share 2,00,000 number of outstanding shares :75000 market price = 50 RS per shareAB Corp had a net profit of CU400,000,000 and paid a dividend of CU200,000,000 during 19X7. AB Corp's shareholder equity as of December 31, 19X6 and December 31, 19X7 is as follows: 31 Desember 19x6 31 Desember 19x7 10% cumulative preference shares nominal Rp100,000 Rp300.000.000 300.000.000 Ordinary shares nominal Rp1,000 1.000.000.000 1.000.000.000 Additional paid-in capital 2.200.000.000 2.200.000.000 Retained earning 500.000.000 700.000.000 Shareholders' Equity 4.000.000.000 4.200.000.000 On January 2, 19X7, XY Corp purchases 400,000 shares of AB Corp common stock for CU4,000 per share and also pays CU50,000 in direct costs to acquire the investment. Required to determine (1) XY Corp's income from AB Corp in 19X7 and (2) the balance in the investment account with PT Somar as of December 31, 19X7.