Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Use the above for questions 6-9 Assume the same facts in the above questions (questions 1 to 5) except that the Pare plc disposes only

image text in transcribed
Use the above for questions 6-9 Assume the same facts in the above questions (questions 1 to 5) except that the Pare plc disposes only of 54,000 shares in Banan on 31/12/2010 for a cash consideration of $ 17,500 and that remaining interest in Banan was valued at $40,000 Required The sale of the above 54,000 shares in Banan will result in non-controlling interests being? Select one: a. Increased by $36,450 O b. Decreased by $63,000 c. Increased by $28,000 d. None of the answers is correct e. Decreased by $35,000 Use the above for questions 6-9 Assume the same facts in the above questions (questions 1 to 5) except that the Pare plc disposes only of 54,000 shares in Banan on 31/12/2010 for a cash consideration of $ 17,500 and that remaining interest in Banan was valued at $40,000 Required The sale of the above 54,000 shares in Banan will result in non-controlling interests being? Select one: a. Increased by $36,450 O b. Decreased by $63,000 c. Increased by $28,000 d. None of the answers is correct e. Decreased by $35,000

Step by Step Solution

There are 3 Steps involved in it

Step: 1

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

The Fraud Audit Responding To The Risk Of Fraud In Core Business Systems

Authors: Leonard W. Vona

1st Edition

0470647264, 978-0470647264

More Books

Students also viewed these Accounting questions

Question

4. Build a state diagram for the system.

Answered: 1 week ago

Question

a. Did you express your anger verbally? Physically?

Answered: 1 week ago