You have a controlling interest if: a. you own more than 20% of a companys ordinary shares.

Question:

You have a controlling interest if:

a. you own more than 20% of a company’s ordinary shares.

b. you are the president of the company.

c. you use the equity method.

d. you own more than 50% of a company’s ordinary shares.

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

Step by Step Answer:

Related Book For book-img-for-question

Financial Accounting With International Financial Reporting Standards

ISBN: 9781119787051

5th Edition

Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso

See More Books

Question Posted: Apr 05, 2024 01:25 AM

See More Questions

The following additional information is available for the Dr. Ivan and Irene Incisor family from Chapters 1-5. Ivan's grandfather died and left a portfolio of municipal bonds. In 2012, they pay Ivan...
1 What are the main components of personal financial planning? Solve What is the purpose of a financial plan? Solve Identify some common actions taken to achieve financial goals. How does a job...
Based on your analysis of this map, what hypotheses can you propose regarding racial attitudes in twenty-first century America? In your response, be sure to refer to specific details from the map to...
A factor used in measuring the loudness sensed by the human ear is (I/I 0 ), 0.3 where I is the intensity of the sound and I 0 is a reference intensity. Evaluate this factor for I = 3.2 10 6 W/m 2...
Determine the missing amounts: Contribution Margin per Unit Contribution Margin Ratio Unit Selling Price 1. $640 2. $300 3. (e) Unit Variable Costs $352 $ 93 $325 25%
Suppose that a producer in China is constrained by the MFA to sell a certain number of shirts, regardless of the type of shirt. For a T-shirt selling for $2.00 under free trade, the MFA quota leads...
Blood Types The probability that a person in the United States has type blood is 9%. Five unrelated people in the United States are selected at random. (Source: American Association of Blood Banks)...
George Hunting Lodge has the following internal control procedures over cash disbursements. Identify the internal control principle that is applicable to each procedure. 1. Company checks are...
Please complete all parts! Thank you! I will leave a like!
Rijo SA uses the equity method to account for its ownership of 30% of the ordinary shares of Pippen Packing. During 2025, Pippen reported a net income of 80,000 and declares and pays cash dividends...
Presented below are two independent situations. 1. Chicory Cosmetics acquired 15% of the 200,000 ordinary shares of Racine Fashion at a total cost of 13 per share on March 18, 2025. On June 30,...
If available, go to an online business publication database such as Factiva, Wilson Web, or ABI Inform. Look up a recent, well-known bankruptcy case such as AMF Bowling, Hawker Beech craft, or...
Test the given claim. Assume that a simple random sample is selected from a normally distributed population. Use either the P-value method or the traditional method of testing hypotheses. Company A...
Trojan Technologies As Joyce Guo, senior buyer at Trojan Technologies Inc. in London, Ontario, Canada, finished her presentation, Randy Haill, materials manager, Made the following comments to her:...
In 2022, Andrew, who is single, has a comfortable salary from his job as well as income from his investment portfolio. However, he is habitually late in filing his federal income tax return. He did...
Express the confidence interval (0.045,0.123) in the form of p^ - E < p < p^+ E.
Boomtown is preparing a cost analysis of the three departments: Parks. Fire, and Water. To comply with accuracy standards in allocating indirect costs, Boomtown will employ the step-down method of...
What is the difference between a mortgage bond and a debenture bond?
Multiple Choice Questions: 1. The largest component of aggregate demand is? a. Government purchases. b. Net exports. c. Consumption. d. Investment. 2. A reduction in personal income taxes, other...
Indicate whether the following managerial policy increases the risk of a death spiral:Use of low operating leverage for productionGroup of answer choicesTrueFalse
It is typically inappropriate to include the costs of excess capacity in product prices; instead, it should be written off directly to an expense account.Group of answer choicesTrueFalse
Firms can avoid the death spiral by excluding excess capacity from their activity bases. Group of answer choicesTrueFalse

You have a controlling interest if: a. you own more than 20% of a companys ordinary shares.

Question:

Step by Step Answer:

You have a controlling interest if d you own more than 50 o...View the full answer

Financial Accounting With International Financial Reporting Standards

Students also viewed these Business questions