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C1000-142 Dumps PDF

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C1000-142 Practice Test Engine, C1000-142 Valid Vce Dumps | C1000-142 Test Collection - Photoexperienceacademy

  • Name: IBM Cloud Advocate v2
  • Exam Code: C1000-142
  • Certification: C1000-142
  • Vendor: IBM
  • Total Question: 630
  • Price: 49$

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NEW QUESTION: 1
Bryan Stephenson is an equity analyst and is developing a research report on Iberia Corporation at the request of his supervisor. Iberia is a conglomerate entity with significant corporate holdings in various industries. Specifically, Stephenson is interested in the effects of Iberia's investments on its financial performance and has decided to focus on two investments: Midland Incorporated and Odessa Company.
Midland Incorporated
On December 31, 2007, Iberia purchased 5 million common shares of Midland Incorporated for €80 million. Midland has a total of 12.5 million common shares outstanding. The market value of Iberia's investment in Midland was €89 million at the end of 2008 and €85 million at the end of 2009. For the year ended 2008, Midland reported net income of €30 million and paid dividends of €10 million. For the year ended 2009, Midland reported a loss of €5 million and paid dividends of €4 million.
During 2010, Midland sold goods to Iberia and reported 20% gross profit from the sale. Iberia sold all of the goods to a third party in 2010.
Odessa Company
On January 2, 2009, Iberia purchased 1 million common shares of Odessa Company as a long-term investment. The purchase price was €20 per share and on December 31, 2009, the market price of Odessa was €17 per share. The decline in value was considered temporary. For the year ended 2009, Odessa reported net income of €750 million and paid a dividend of €3 per share. Iberia considers its investment in Odessa as an investment in financial assets.
In addition, Iberia has a number of foreign investments, so Stephenson's supervisor has asked him to draft a report on accounting methods and ratio analysis. The following are statements from Stephenson's research report.
Statement 1: Under U.S. GAAP, firms are required to use proportionate consolidation to account for joint ventures.
Statement 2: In general, if the parent's consolidated net income is positive, the equity method reports a higher net profit margin than the acquisition method.
What amount should Iberia report on its balance sheet at the end of 2009 as a result of its investments in Midland and Odessa?
A. €101.4 million.
B. €102.0 million.
C. €84.4 million.
Answer: A
Explanation:
Explanation/Reference:
Explanation:
Under the equity method, the balance sheet carrying Value is increased by the pro-rata earnings of the investee and decreased by the dividends received from the investee. The balance sheet value at the end of 2008 is €88 million [€80 million + (€30 million Midland 2008 net income x 40%) - (€10 million dividend x
40%)]. The balance sheet value at the end of 2009 is €84.4 million (€88 million - (€5 million loss x 40%) - (€4 million dividend x 40%)].
Available-for-sale securities are reported on the balance sheet at fair value. Thus, the fair value of Odessa is €17 million (€17 x 1 million shares).
As a result of its investment in Midland and Odessa, Iberia will report investment assets of €101.4 million (€84.4 million book value of Midland + €17 million fair value Odessa). (Study Session 5, LOS 2 La)

NEW QUESTION: 2
You are conducting a stakeholder analysis on your project. After identifying potential stakeholders, the next step in the process is to______________
A. Perform an assessment to see how each stakeholder might react in certain situations
B. Determine their desired level of participation
C. Provide detailed contact information for each identified stakeholder
D. Analyze each stakeholder's impact or support and classify them
Answer: D
Explanation:
The second step in the stakeholder analysis process is to analyze the potential impact or support each stakeholder could generate and then to classify the stakeholders to define an approach or strategy. [Initiating] PMI@, PMBOK@ Guide, 2013, 396

NEW QUESTION: 3
The exhibit is a screen shot of an Application Control profile.
C1000-142 Practice Test Engine
Different settings are circled and numbered. Select the number identifying the setting which will provide
additional information about YouTube access, such as the name of the video watched.
A. 0
B. 1
C. 2
D. 3
E. 4
Answer: E


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