
Problem 2 (40%)Part A (15%)On December 1 2009, PT Exportir sold inventory to customer in Germany for 50,000 on account in60 days. CENTRO reported 2010 net income of $300,000 and paid $150,000 of cash dividend- Both companies are subject to 30% income tax rateīased on the above information, you are required to calculate Consolidated Basic and Diluted EPS! The average market price of both companies common shares are $60 (AXIS) and $40(CENTRO) On the other hand,AXISs 10% bonds are not convertible

CENTROs 8% bonds can be converted to 20,000 shares of common stock. AXISs preferred stock can be converted to 36,000 shares of common stock, whereasCENTROs preferred stock are not convertible.

Problem 1 (20%)AXIS Inc owns 70% of CENTRO Co. MATA KULIAH : ADVANCED FINANCIAL ACCOUNTINGDOSEN : TIM DOSEN DAN ASISTENHARI/TANGGAL : THURSDAY, DEC 21ST 2010WAKTU : 150 MINUTESSIFAT : CLOSED BOOK Mojakoe dapat didownload di FB: SPA FEUI Twitter: By: SPA-Accounting Study Division Mojakoe Akuntansi Lanjutan Mojakoe dapat didownload di FB: SPA FEUI Twitter: KEUANGANLANJUTAN Dilarang memperbanyak mojakoe ini tanpa seijin SPA FEUI
