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sleet_krkn [62]
3 years ago
10

(a) Where the parent company does not hold 100 percent equity of the subsidiary company, what portion of the intra-group transac

tions between the parent entity and the subsidiary entity will need to be eliminated on consolidation? (2 marks) (b) What is a non-controlling interest, and how should it be disclosed? (2 marks) (c) How are non-controlling interests affected by intra-group transactions? (2 marks) (d) What are the three steps we use to calculate total non-controlling interest? (1 mark)
Business
1 answer:
emmainna [20.7K]3 years ago
7 0

Answer:

Follows are the solution to this question:

Explanation:

In point a:

If the parent firm doesn't hold the conglomerate's equity stake, depreciation expense acknowledged by the parent company's owner and expenditures shall be removed throughout the consolidated statement of financial position. Its combined cash flow deletes debts previously recognized as assets for both the parent corporation and as debts for all the subsidiaries to offer a real and equal view. All the intragroup balance should be removed to avoid double-counting of financial assets resulting from payments in between the group's members.

In point b:

If a parent company has a stake in a subsidiary that is called noncontrolling interest over 50%, but less than 99 percent. Its parent company shall report a different non-controlling interest line on the income statement and revenue report to reveal its noncontrolling interest.

In point c:

Its Group of non - management Concerns may not claim responsibility mostly on a share of a benefit, doesn't have any influence from over parent's decision. Intra-group payments in a word-level shall be removed.

In point d:

Its NCI share of the opening in net assets of the subsidiary + NCI share of even an amortization fair value + NCI profits due to NCI - (dividend payable to the noncontrolling shareholder) = unlawful interest at the date of the merger is three steps for the calculation of total the uncontrol value.

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Explanation:

An advertising message to be attractive and generate the desired effect, it must reach its potential audience through communication aligned with the interests and desires of the potential audience.

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5 0
3 years ago
The following information was used in reconciling the bank account for Minerva Company on October 31: Balance per bank, October
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Answer: A $37.280.

Explanation:

Adjusted book balance will include those transactions made or charged by the bank for/to the company so will include;

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3 years ago
A style guide, such as an MLA manual, will assist you in:
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Answer:

d

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4 0
2 years ago
A produce distributor uses 773 packing crates a month, which it purchases at a cost of $11 each. The manager has assigned an ann
alekssr [168]

\sqrt\frac{2*773*28}{33}Answer:

Explanation:

Using the EOQ Formula =  EOQ\sqrt\frac{2*D*O}{H}

D = Demand = 773

O = Ordering Cost =28

H = holding Cost = 11*33% =3.63

So we have :

EOQ=\sqrt\frac{2*D*O}{H}

EOQ= \sqrt\frac{2*773*28}{3.63}

EOQ=\sqrt\frac{43288\\}{3.63}

EOQ= \sqrt{11925.06887}

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At EOQ holding Cost is equal to Order Cost

New Order cost =27.9998

Holding Cost = 27.9998

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Previous (33+28)  =  61

Net Saving = 5

6 0
3 years ago
Job-order costing works well whenever
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Answer:

B. homogenous products pass through a series of processes and receive similar amounts of materials, labor, and overhead

Explanation:

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3 years ago
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