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Use the following data to answer the questions that follow the consolidated budget. The consolidated budget 31/12/2016 consolidated settlements affiliated company Holding Company assets credit

Use the following data to answer the questions that follow the consolidated budget. The consolidated budget 31/12/2016

consolidated settlements affiliated company Holding Company assets
credit debit
43,000 30,000 13,000 Current assets
- 5,400 - 5,400 Dividends receivable
- 54,000 57,600 Investment in the subsidiary p.o
3,600
86,000 50,000 36,000 Fixed assets
129,000 80,000 112,000 Total assets
23,000 10,000 13,000 current liabilities
600 5,400 6,000 Dividends payable
65,000 40,000 40,000 65,000 capital
34,000 24,000 24,000 34,000 Retained earnings
6,400 6,000 non-controlling rights
400
129,000 80,000 112,000 The sum of liabilities and equity

1- The share of the holding company in the profits of the subsidiary company P.O. 2 - The balance of the investment account in the subsidiary company on 1/1/2016 3 - Minority share in the dividends of the subsidiary company, P.O. 4- The percentage of the holding company's ownership of the subsidiary company's net assets. 5 - Ownership rights in the subsidiary company on 1/1/2016 6- Earnings retained in the subsidiary company on 1/1/2016

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