When a parents interest in a subsidiary was acquired in blocks, and a portion of such holdings
Question:
When a parent’s interest in a subsidiary was acquired in blocks, and a portion of such holdings is sold, what method is used to reduce the Investment account?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (2 reviews)
Answered By
Asim farooq
I have done MS finance and expertise in the field of Accounting, finance, cost accounting, security analysis and portfolio management and management, MS office is at my fingertips, I want my client to take advantage of my practical knowledge. I have been mentoring my client on a freelancer website from last two years, Currently I am working in Telecom company as a financial analyst and before that working as an accountant with Pepsi for one year. I also join a nonprofit organization as a finance assistant to my job duties are making payment to client after tax calculation, I have started my professional career from teaching I was teaching to a master's level student for two years in the evening.
My Expert Service
Financial accounting, Financial management, Cost accounting, Human resource management, Business communication and report writing. Financial accounting : • Journal entries • Financial statements including balance sheet, Profit & Loss account, Cash flow statement • Adjustment entries • Ratio analysis • Accounting concepts • Single entry accounting • Double entry accounting • Bills of exchange • Bank reconciliation statements Cost accounting : • Budgeting • Job order costing • Process costing • Cost of goods sold Financial management : • Capital budgeting • Net Present Value (NPV) • Internal Rate of Return (IRR) • Payback period • Discounted cash flows • Financial analysis • Capital assets pricing model • Simple interest, Compound interest & annuities
4.40+
65+ Reviews
86+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
Assuming the following information, what is the value of Total Liabilities (express in whole number format, no decimal points) Value Shareholder's Equity 332 Sales Revenues 1348 Total Assets 509 Cost...
-
PowerPoint Assignment for BUS 401: Principles of Finance You have been asked by a manager in your organization to put together a training program explaining Net Present Value (NPV) and Future Value...
-
When comparing various divisions within a company, describe what problems can arise from evaluating divisions that have different accounting methods, as described in Chapter 11 of your text. Cite...
-
Consider the following hypotheses: H 0 : = 140 H 1 : 140 Given that x = 148.1, s = 37.5, n = 20, and = 0.02, answer the following questions: a. What conclusion should be drawn? b. Use PHStat to...
-
1. DonorsChoose.org is structured like many contemporary business organizations. Do you think this structural similarity is useful for a charity, or should charities not try to emulate the...
-
Jason Hand, the new plant manager of Old Tree Manufacturing Plant Number 7, has just reviewed a draft of his year-end financial statements. Hand receives a year-end bonus of 8% of the plants...
-
8 What are two advantages and two disadvantages of the advertising posttests described in the chapter?
-
Moe Green estimates the cost of future projects for a large contracting firm. Mr. Green uses precisely the same techniques to estimate the costs of every potential job, and formulates bids by adding...
-
Q10. In an experiment that measures the angular distribution of the emission of particles, the angular distribution function is defined as n(0) f(0) = n(/2) Where n(0) is the number of particles...
-
Concerning Question 4, which methods are acceptable for federal income tax-reporting pur poses?
-
When a subsidiary has acquired some or all of its outstanding noncontrolling interest at an amount or decreased? in exces
-
Water at 200 kPa with a quality of 25% has its temperature raised 20oC in a constant pressure process. What is the new quality and volume?
-
How do global power dynamics shape international relations, and what impact do these dynamics have on the balance of power among nation-states ?
-
(paragraph form each question) how do you formulate a strategy?, how do you implement a strategy? how do you evaluate a strategy?
-
Discuss the Now What Do I Do With Brad and Kerry case study. In doing so, please address the following areas: Identify the problem: Define the problem in human resource terms. Diagnose the cause(s):...
-
1. What role do traits, behaviors, and the situation (contingency theories) play in leadership effectiveness? Summarize what we know about these theories. 2. Describe 3 different situations in which...
-
How do you think learning report writing help you in your future work? Learning report writing now will help me in future as I am going to likely have to write lots of reports. While I know how to...
-
How does one go about controlling workers compensation costs, and why is that important?
-
Is times interest earned meaningful for utilities? Why or why not?
-
Comfort Golf Products is considering whether to upgrade its equipment Managers are considering two options. Equipment manufactured by Stenback Inc. costs $1,000,000 and will last five years and have...
-
Weaver Corporation had the following stock issued and outstanding at January 1, Year 1: 71,000 shares of $10 par common stock. 8,500 shares of $60 par, 6 percent, noncumulative preferred stock. On...
-
Read the following case and then answer questions On 1 January 2016 a company purchased a machine at a cost of $3,000. Its useful life is estimated to be 10 years and then it has a residual value of...
Study smarter with the SolutionInn App