On January 1, 2018, Philcorp Acquired 8,000 of the Outstanding

question 57

Essay

On January 1, 2018, Philcorp acquired 8,000 of the outstanding 10,000 shares of Anderco by issuing its own shares with a market value of $400,000. On June 30, 2019, Anderco issued an additional 2,000 shares for cash consideration of $60 per share, none of which were acquired by Philcorp. Immediately before the issue, the shareholders' equity of Anderco amounted to $500,000 and the unamortized purchase discrepancy was $65,000. Philcorp uses the equity method to record its investment in Anderco.
Required:
What gain or loss will appear in the consolidated financial statements of Philcorp and its subsidiary Anderco as a result of this transaction?

Understand the differences and characteristics of different sleep disturbances such as nightmares, night terrors, and insomnia.

Comprehend the effects of sleep deprivation on mood and performance.

Grasp how drugs affect synaptic transmission and the brain's functioning.

Describe theories related to dreams and their significance according to Freudian and activation-synthesis perspectives.

---

Definitions:

Operating System

The program that controls hardware resources and offers services to computer applications.

Flash Drive

A portable storage device that uses flash memory and can be connected to a computer through a USB port.

Executable File

A type of computer file that, when opened, instructs the operating system to perform specific actions or run a program.

Nonvolatile

Referring to a type of computer memory that retains data even when the power is turned off.