Question
SECTION ONEPART FOUR: Please assume that the reported balances of Ss identifiable and unidentifiable intangibles were $0 and $3,000 respectively, at 12/31/ 20X3 . Also,
SECTION ONEPART FOUR: Please assume that the reported balances of Ss identifiable and unidentifiable intangibles were $0 and $3,000 respectively, at 12/31/20X3. Also, please assume that Ss equity at 12/31/20X3 was $16,200. Additionally, please assume that P owns 70% of S. Further, please assume that the difference between Non-Controlling Interest Income and 30% of Ss Dividends was $2,400 for 20X4. Finally, assume that there were no intercompany sales/transfers since acquisition.
Calculate the Non-Controlling Interest balance at 12/31/20X4.
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Options Futures And Other Derivatives
Authors: John C. Hull
4th Edition
0130224448, 9780130224446
