Describe the accounting adjustments needed when a 25% equity interest in an investee company is decreased to
Question:
Describe the accounting adjustments needed when a 25% equity interest in an investee company is decreased to a 15% equity interest.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (QA)
Answered By
Ashington Waweru
I am a lecturer, research writer and also a qualified financial analyst and accountant. I am qualified and articulate in many disciplines including English, Accounting, Finance, Quantitative spreadsheet analysis, Economics, and Statistics. I am an expert with sixteen years of experience in online industry-related work. I have a master's in business administration and a bachelor’s degree in education, accounting, and economics options.
I am a writer and proofreading expert with sixteen years of experience in online writing, proofreading, and text editing. I have vast knowledge and experience in writing techniques and styles such as APA, ASA, MLA, Chicago, Turabian, IEEE, and many others.
I am also an online blogger and research writer with sixteen years of writing and proofreading articles and reports. I have written many scripts and articles for blogs, and I also specialize in search engine
I have sixteen years of experience in Excel data entry, Excel data analysis, R-studio quantitative analysis, SPSS quantitative analysis, research writing, and proofreading articles and reports. I will deliver the highest quality online and offline Excel, R, SPSS, and other spreadsheet solutions within your operational deadlines. I have also compiled many original Excel quantitative and text spreadsheets which solve client’s problems in my research writing career.
I have extensive enterprise resource planning accounting, financial modeling, financial reporting, and company analysis: customer relationship management, enterprise resource planning, financial accounting projects, and corporate finance.
I am articulate in psychology, engineering, nursing, counseling, project management, accounting, finance, quantitative spreadsheet analysis, statistical and economic analysis, among many other industry fields and academic disciplines. I work to solve problems and provide accurate and credible solutions and research reports in all industries in the global economy.
I have taught and conducted masters and Ph.D. thesis research for specialists in Quantitative finance, Financial Accounting, Actuarial science, Macroeconomics, Microeconomics, Risk Management, Managerial Economics, Engineering Economics, Financial economics, Taxation and many other disciplines including water engineering, psychology, e-commerce, mechanical engineering, leadership and many others.
I have developed many courses on online websites like Teachable and Thinkific. I also developed an accounting reporting automation software project for Utafiti sacco located at ILRI Uthiru Kenya when I was working there in year 2001.
I am a mature, self-motivated worker who delivers high-quality, on-time reports which solve client’s problems accurately.
I have written many academic and professional industry research papers and tutored many clients from college to university undergraduate, master's and Ph.D. students, and corporate professionals. I anticipate your hiring me.
I know I will deliver the highest quality work you will find anywhere to award me your project work. Please note that I am looking for a long-term work relationship with you. I look forward to you delivering the best service to you.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Advanced Accounting
ISBN: 9780131851221
9th Edition
Authors: Floyd A. Beams, Robin P. Clement, Suzanne H. Lowensohn, Joseph H. Anthony
Question Posted:
Students also viewed these Business questions
-
According to NFPA 101, what is the minimum width of the hallway leading to the stairway in question 15
-
Describe the accounting adjustments needed when a 25 percent equity interest in an investee is decreased to a 15 percent equity interest.
-
I've attached the question as a word file, thanks! JWCL165_c12_568-611.qxd 8/12/09 8:29 AM Page 568 12 Investments Chapter STUDY OBJECTIVES After studying this chapter, you should be able to: 1...
-
Using the DJIA data in Problem 5-39, use exponential smooth with trend adjustment to forecast the opening DJIA value for 2014. Use α = 0.8 and β = 0.2. Compare the MSE for...
-
Describe how a benefits program might increase worker attraction, retention, and motivation.
-
Selected accounts from Wills Sports Equipments adjusted trial balance on September 30, 2014, the fiscal year end, follow. The companys beginning merchandise inventory was $38,200 and ending...
-
Know these terms. Explain in one sentence each what randomized, double-blind, and placebo-controlled mean in the description of the design of the study.
-
Downtown Health Clinic needs to order influenza vaccines for the next flu season. The Clinic charges its patients $15.00 per vaccination and each dose of vaccine costs the clinic $4.00 to purchase....
-
On July 7, 2012, Harris Company received cash $1,400 for services rendered. The entry to record this transaction will include: 1) a debit to Cash of $1,400 2) a credit to Accounts Receivable of...
-
Does cumulative preferred stock in the capital structure of an investee affect the way that an investor company accounts for its 30% common stock interest? Explain.
-
Ordinarily, the income from an investment accounted for by the equity method is reported on one line of the investor companys income statement. When would more than one line of the income statement...
-
The shipping and receiving department of a large toy manufacturer is contemplating two strategies for sampling incoming parts deliveries and estimating the proportion, \(p\), of defective parts in a...
-
Name and define the more common constraints in any given project.
-
Graph the function f(x)=-x+4x-20 State where f(x) is increasing and decreasing. State any absolute extrema (if they exist). Determine the Domain and Range.
-
A residential wiring circuit is shown in the figure. In thismodel, the resistor R 3 is used to model a 250 V appliance(such as an electric range), and the resistors R 1 and R 2 are used to model 125...
-
1. The speed limit on some interstate highways is roughly 100 km/h. (a) What is this in meters per second? (b) How many miles per hour is this? 2. A car is traveling at a speed of 33 m/s. (a) What is...
-
Questions 33 and 34 are based on the following information: Bilog Company's budgeted fixed overhead costs are P50,000 and mthe variable factory overhead rate is P4 per direct labor hour. The standard...
-
What are the costs associated with carrying materials in stock?
-
Show that, given a maximum flow in a network with m edges, a minimum cut of N can be computed in O(m) time.
-
Ted and his partners have contracted to purchase the franchise nights worth 561 000 to open and operate a specialty pizza restaurant called Popper with a renewable agrement, the partners have agreed...
-
Your answer is partially correct. Martin Company's chief financial officer feels that it is important to have data for the entire quarter especially since their financial forecasts indicate some...
-
Kellog Corporation is considering a capital budgeting project that would have a useful life of 4 years and would love testing 5156.000 in equipment that would have zeto salvage value at the end of...
Study smarter with the SolutionInn App