Question
1.Per Passive ownership ( < 20%), which one from the investee company can you include in your company's income? Which account do you have to
1.Per Passive ownership (< 20%), which one from the investee company can you include in your company's income?
Which account do you have to use?
On which financial statement can you report it?
2.Per Influential ownership (20% - 50%), which one from the investee company can you include in your company's income? How much do you have to report it?
Which account do you have to use?
On which financial statement can you report it?
3.Per Controlling ownership (50% <), which one from the investee company can you include in your company's income? How can you accomplish it?
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Accounting Information For Business Decisions
Authors: Loren A Nikolai, Billie Cunningham, John D Bazley
3rd Edition
1111066884, 9781111066888
