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agasfer [191]
3 years ago
8

Which of the following statements related to noncontrolling interest is incorrect? a. Noncontrolling interest in net income is r

eported as an expense on the income statement. b. Noncontrolling interest is sometimes called minority interest. c. Noncontrolling interest is the portion of equity interest in a subsidiary not attributable to the parent company. d. Consolidated net income is allocated to the parent and to the noncontrolling interest in proportion to their appropriate percentages of ownership.
Social Studies
1 answer:
Makovka662 [10]3 years ago
7 0

Answer:

The correct answer is letter "A": Non-controlling interest in net income is reported as an expense on the income statement.

Explanation:

Non-controlling interest (NCI) is any percentage of ownership that is less than 50% of a company's voting equity. Theoretically, the non-controlling interest lacks power and control while influencing business management or operation. The NCI excess income is usually posted to a goodwill account in the consolidated financial statements. Over time, goodwill is amortized into an expense account.

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Andreas93 [3]

Answer:

can you add details???

Explanation:

7 0
3 years ago
Raul agrees to ship to Ben one hundred ceiling fans for $5,000. Raul initials his notes of the deal, which include the terms, an
lara31 [8.8K]

Answer:

c. enforceable, because Raul's initialed notes are a sufficient writing.

Explanation:

Since Raul has Raul initialed his notes of the deal, which include the terms, and sends a copy to Ben. This shows that, Raul has agreed to the contract.

To initialed a note means to sign or authorized a note; which is the copy of the agreement to the contract.

Hence, It is enforceable because duty of the contract which is often times written (verbal agreements are sometimes enforceable as well) is what makes a contract to be legally binding, and in it, is the obligations expected of the parties to a contract.

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3 years ago
1. “It is a waste of time to search into the darkness of the African past for an African
valina [46]

Answer:

“It is a waste of time to search into the darkness of the African past for an African

Civilization, forget the chaotic and barbaric past of the African continent."

To say that the statement is Eurocentric is a euphemism because it implies that Africa's past had nothing of repute or value to present to the world.  

Walter Rodney in his book "How Europe Underdeveloped Africa" (1972) testifies that Africa had a civilization which was crushed by colonialism. Thus the statement  

It has the following effects:

It has the potential to inflame hate and exacerbate the already fragile tension between Africans the white supremacists;

This sort of speech also endangers the lives of well-meaning Africans everywhere in Europe. The first stage of Genocide is classification. The next is symbolisation. Classification simply means that one party implicitly or explicitly is creating a divide or some form of social strata. Symbolisation, on the other hand, is to force with hate symbols upon a particular race of people. By that statement, darkness, chaos and barbarism are already used to qualify the African people.  

The statement is also an attack on the heritage of the African people. Not just the African continent as a geographical location. In 2017, a 12-year-old girl was reported to have said:

<em>"Now that Trump is president, I’m going to shoot you and all the blacks that I can find" </em>

Such statements if left unchecked can spark off continental chaos and may even degenerate into other forms of social mayhem.

 

2. Rite of Passage

According to Van Gennep, the three rites of passage are

separation: This he describes as separation from a previous world. In some cases, this stage is accompanied by the shaving off of one's hair.

liminality: This speaks to a state that is in-between the previous one and the final or next stage

incorporation: This stage is usually consummated by a ritual. In some climes, for instance, one of the rites involves "bull jumping". If completed, then one is said to have transited from boyhood to manhood.

3. How Africans contribute to the western insults about the people of Africa are:

  • Refusal to embrace development: This in many cases is as a result of corruption. African politician would rather embezzle money than commit them to the greater good;
  • Refusal to obey law and order even in one's best interest;
  • Decadent value system
  • Lack of respect for human lives
  • Refusal to embrace indigenous technology  

 

4. Africa is resource-rich but poor developmentally

According to Abraham Maslow's Hierarchy of Needs, a human will cater to it's basic/primary needs (such as food, shelter, clothing etc) first before seeking the satisfaction of higher needs of self-fulfilment etc.

Development is strongly related to the need for a higher quality of life/self-fulfilment.  

Many African nations are poor developmentally because they are still grappling with the issues at the base of Maslow's pyramid.  In the west, there is social security. To a large extent, the effects of the base pyramid are mitigated by the government hence, people can strive for higher ideals which translate to development.  

Neo-Colonisation/Hegemony

In this case, the west is largely to blame. International tools of Neo-colonisation such as the IMF and more recently the WHO are tools being used to control many of the African countries albeit indirectly. Some sociology/political experts state that the objective is to prevent any world power from emerging from Africa.

Poor Leadership

The Leadership of the African continent seems to stifle technological growth whilst the developing nations embrace this knowing that it is the future. When an economy is unable to manage it's resources, even if it is the richest in those resources, it will experience stunted growth if it lacks leadership.

5. Underdeveloped and Underdevelopment of Nations in Africa

The greatest any nation has is its people. The colonial governments stripped Africa of the minds that developed it and used those minds to develop theirs. This is the underdevelopment of Africa.

 On the other hand, when an African nation is said to be underdeveloped, it is so because it is grappling with challenges such as poverty, high infant mortality rate, uncontrolled population, lack of industrialisation, low literacy levels etc.

Cheers!

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In a person who is heterozygous for the huntington's disease allele, what is their masked, recessive trait?
aivan3 [116]

In a person who is heterozygous for the Huntington's disease allele, the expression of one allele can occasionally be blocked by another allele in the heterozygous genotype. Recessive is the term used to describe the hidden allele. By convention, the recessive allele is written with a lower case letter.

Uncontrolled movement of the arms, legs, head, face, and upper torso is the primary sign of Huntington's disease. Additionally, thinking and reasoning abilities such as memory, focus, judgement, and the capacity to plan and organize suffer with Huntington's disease.

A defective gene that results in areas of the brain gradually deteriorating over time is the cause of Huntington's disease.

Learn more about Huntington's disease here

brainly.com/question/12572808

#SPJ4

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2 years ago
Write seven sentences on the benefits of volunteering​
Tems11 [23]

Answer: #1: Learn or Develop a New Skill. #2: Stay Physically and Mentally Healthy. #3: Make New Friends. #4: Save Money. #5: Find Love. #6: Advance Your Career.  #7: Live Longer. Extra: #8: Understand Yourself Better.

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