Explain why the non-controlling interest is not affected by the pre-and post-acquisition division.

Question:

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Financial Accounting And Reporting

ISBN: 9781292255996

19th Edition

Authors: Barry Elliott, Jamie Elliott

See More Books

Question Posted: Nov 04, 2022 01:25 AM

See More Questions

Who is not affected by inflation? A Fixed income groups B Savers C Creditors, D Flexible income receivers
Explain on pre and post - acquisition profits and how to account for it in the process of preparation of group consolidation. Example may be used for illustration.
Explain why sucrose is a non reducing sugar but maltose is a reducing sugar.
In his book Future Shock, Alvin Toffler divided humanitys time on earth into 800 lifetimes. The 800th lifetime, in which we now live, has produced more knowledge than the previous 799 combined, and...
In this problem, we develop an alternative derivation for the mean function of the shot noise process described in Section 8.7, Where the are the arrival times of a Poisson process with arrival rate,...
Paulson Company issues 6%, four-year bonds, on January 1 of this year, with a par value of $200,000 and semiannual interest payments. Use the following bond amortization table and prepare journal...
5. Visit the home page of the Project Management Institute. Check out the Professional Development link and then the PMI Career Headquarters link. Describe at least three of the project management...
Refer to the Professional Judgment in Context feature "Thor Industries, Inc. and Mark Schwartzhoff: Fraudulent Reductions in Cost of Goods Sold Through Manipulation of Inventory Accounts." Answer the...
The Village of Hawksbill issued $ 4 , 0 0 0 , 0 0 0 in 5 percent general obligation, tax - supported bonds on July 1 , 2 0 2 3 , at a premium of 1 . 5 percent. A fiscal agent is not used. Resources...
You are considering a 10-year investment project. At present, the expected cash flow each year is $10,000. Suppose, however, that each years cash flow is normally distributed with mean equal to last...
Explain why pre-acquisition profits of a subsidiary are treated differently from post-acquisition prof-its when consolidating.
Parent plc acquired Son plc at the beginning of the year. At the end of the year there were intangible assets reported in the consolidated accounts for the value of a domain name and customer lists....
What is the difference between tangible and intangible assets ? Give an example of each.
Sams old friend Dot is considering setting up a business offering historical boating trips along the River Thames. Dot thinks that she may be able to make a good living out of this. She has carried...
Arrow Industries employs a standard cost system in which direct materials inventory is carried at standard cost. Arrow has established the following standards for the direct costs of one unit of...
Explain the financial effect (increase, decrease, or no effect) of each of the following transactions on stockholders' equity: a. Purchased supplies for cash. b. Paid an account payable. c. Paid...
What type of account-asset, liability, stockholders' equity, dividend, revenue, or expense-is each of the following accounts? Indicate whether a debit entry or a credit entry increases the balance of...
Is it possible for an accounting transaction to only affect the left side of the accounting equation and still leave the equation in balance? If so, provide an example.
An insurance company reported that 60% of all automobile damage claims were made by people under the age of 25. If eight automobile damage claims were selected at random, determine the probability...
Read the Forecasting Supply Chain Demand Starbucks Corporation case in your text Operations and Supply Chain Management on pages 484-485, then address the four questions associated with the...
On 20 December 20X6 one of Incident plc's Lorries was involved in an accident with a car. The lorry driver was responsible for the accident and the company agreed to pay for the repair to the car....
Plasma Ltd, a manufacturer of electrical goods, guarantees them for 12 months from the date of purchase by the customer. If a fault occurs after the guarantee period, but is due to faulty manufacture...
In 20X6 Alpha AS made the decision to close a loss-making department in 20X7. The company proposed to make a provision for the future costs of termination in the 20X6 profit or loss. Its argument was...
Diplomatic Security Service provides Airport Transportation and Surveillance Service to Foreign Diplomats in Guyana. The company has two support departments - Information Systems and Equipment...
Q1: A disparity of bargaining power between the parties to a contract may result in unfair terms but a court is not likely to consider the contract unconscionable. Group of answer choices a. True b....
Life Tool Manufacturing has a system in place to recall products that prove to be dangerous at some time after manufacture and distribution. This represents which element of the due care theory?...

Explain why the non-controlling interest is not affected by the pre-and post-acquisition division.

Question:

Step by Step Answer:

The noncontrolling interest is not affected by the preand postacquisition division because th...View the full answer

Financial Accounting And Reporting

Students also viewed these Business questions