Parent Subsidiary Sales P250,000 P60,000 Cost of Goods Sold 120,000 12,000 Depreciation Expense 10,000 5,000 Operating Expenses 40,000 8,000 Income Tax Expense 32,000 14,000 5. Using the same...

Parent<br>Subsidiary<br>Sales<br>P250,000<br>P60,000<br>Cost of Goods Sold<br>120,000<br>12,000<br>Depreciation Expense<br>10,000<br>5,000<br>Operating Expenses<br>40,000<br>8,000<br>Income Tax Expense<br>32,000<br>14,000<br>5. Using the same information in No. 4, what is the imputed value of a subsidiary<br>If the parent pays P56.000 for 80 percent of the subsidiary's stock?<br>

Extracted text: Parent Subsidiary Sales P250,000 P60,000 Cost of Goods Sold 120,000 12,000 Depreciation Expense 10,000 5,000 Operating Expenses 40,000 8,000 Income Tax Expense 32,000 14,000 5. Using the same information in No. 4, what is the imputed value of a subsidiary If the parent pays P56.000 for 80 percent of the subsidiary's stock?

Jun 11, 2022

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Parent Subsidiary Sales P250,000 P60,000 Cost of Goods Sold 120,000 12,000 Depreciation Expense 10,000 5,000 Operating Expenses 40,000 8,000 Income Tax Expense 32,000 14,000 5. Using the same...

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