FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Because of full consolidation, it does not matter whether the ultimate parent or the intermediate parent acquires the sub-subsidiary. Discuss whether you agree or disagree

“Because of full consolidation, it does not matter whether the ultimate parent or the intermediate parent acquires the sub-subsidiary.” Discuss whether you agree or disagree with the above comment and explain why you agree or disagree.

Step by Step Solution

★★★★★

3.43 Rating (156 Votes )

There are 3 Steps involved in it

Step: 1

Yes I agree eithet its ultimate parent or the intermediate parent acquires the subsubsidiary it does not matter The consolidation methodology may be a ... blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Principles of Marketing

Principles of Marketing

Authors: Philip Kotler, Gary Armstrong

14th Edition

132167123, 132997266, 9780132997263, 978-0132167123

More Books

Students also viewed these Accounting questions

Question

★★★★★
Explain whether you agree or disagree with the following statement: Because my bond is guaranteed by an insurance company, I have eliminated credit risk.

Answered: 1 week ago

Question

★★★★★
Explain whether you agree or disagree with the following statements: a. Freddie Mac and Fannie Mae are only allowed to purchase conforming conventional loans. b. In packaging loans to create a...

Answered: 1 week ago

Question

★★★★★
Explain whether you agree or disagree with the following statement: All duration-matching strategies are indexing strategies.

Answered: 1 week ago

Question

★★★★★
The accounting records of Shumway Ag Implement show the following data. Determine the cost of goods sold during the period under a periodic inventory system using (a) the FIFO method, (b) the LIFO...

Answered: 1 week ago

Question

★★★★★
Harper Corporation has the following portfolio of investments at December 31, 2014, that qualify and are accounted for using the fair value through other comprehensive income (FV-OIC) method: Early...

Answered: 1 week ago

Question

★★★★★
Contrast an offense that requires proof of causation with one that does not.

Answered: 1 week ago

Question

★★★★★
86. Consider the random graph of Section 3.6.2 when n = 5. Compute the probability distribution of the number of components and verify your solution by using it to compute E[C] and then comparing...

Answered: 1 week ago

Question

★★★★★
Marika Jonssen is the controller of Bramer Corporation, a globally competitive producer of standard and custom-designed window units for the housing industry. As part of the corporations move to...

Answered: 1 week ago

Question

★★★★★
Structuring a Keep-or-Drop Product-Line Problem with Complementary Effects Shown below is a segmented income statement for Hickory Company's three wooden flooring product lines: other information...

Answered: 1 week ago

Question

★★★★★
Benito Mendez opened Mendez Appraisals. He rented office space and has a part-time secretary to answer the telephone and make appraisal appointments. His chart of accounts is as follows: Mendezs...

Answered: 1 week ago

Question

★★★★★
The following direct materials and direct labor data pertain to the operations of Laurel Company for the month of August. Costs Actual labor rate $15 per hour Actual materials price $180 per ton...

Answered: 1 week ago

Question

★★★★★
Which function can be used to specify the width and height of an OpenGL window? glfwCreateWindow, glfwInit, gladLoadGLLoader, or glViewport

Answered: 1 week ago

Question

★★★★★
E.) Develop appropriate access control protocols that provide an appropriate amount of protection while allowing users to continue to operate without denial of service. F.)Justify your access control...

Answered: 1 week ago

Question

★★★★★
Explain the transformation of I.T. service lines and operations processes resulting in transformed business models - do not use other definitions or outsource. In your own words

Answered: 1 week ago

Question

★★★★★
You have just been hired by FAB Corporation, the manufacturer of a revolutionary new garage door opening device. The president has asked that you review the company s costing system and do what you...

Answered: 1 week ago

Question

★★★★★
Beam 1 - Simply Supported with 3-point loads 0.25m RAT W W W3 0.2m 0.1m b d 0.5m 0.1m RAY REY Select values for the loads w1, W2 and w3 from the lowest 3 numbers in you student Therefore, the 3...

Answered: 1 week ago

Question

★★★★★
Flounder Corp. uses a perpetual inventory system. Data for product E2-D2 includes the following purchases. Date Number of Units Unit Price May 7 $11 48 - 36 July 28 R 16 On June 1, Flounder. sold 24...

Answered: 1 week ago

Question

★★★★★
Define deferred revenue. Why is it a liability?

Answered: 1 week ago

Question

★★★★★
What is marketing ROI? Why is it difficult to measure?

Answered: 1 week ago

Question

★★★★★
How has Southwest executed value-based pricing? Its the same plane going to the same place at exactly the same time. But these days, not all airline passengers are equal. Nor do they all pay equally....

Answered: 1 week ago

Question

★★★★★
Is Samsungs product development process customer centered? Team based? Systematic? In the world of consumer electronics, copycat brands are a dime a dozen. These are the brands consumers turn to if...

Answered: 1 week ago

Question

★★★★★
A $1000 five-year compound-interest GIC matured at $1234.01. What semiannually compounded rate of interest did it earn?

Answered: 1 week ago

Question

★★★★★
Calculate the income yield, capital gain yield, and rate of total return in each of 2008 and 2009 for Cameco Corporation shares and Sprott Canadian Equity Fund units. Use the data in Tables 9.3 and...

Answered: 1 week ago

Question

★★★★★
The maturity value of a $5000 four-year compound-interest GIC was $6147.82. What quarterly compounded rate of interest did it earn?

Answered: 1 week ago

Previous Question Next Question