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TiliK225 [7]
3 years ago
5

When comparing the difference between an upstream and downstream transfer of inventory, and using the initial value method, whic

h of the following statements is true?
a. Income from subsidiary will be lower by the amount of the ending inventory profit multiplied by the noncontolling interest percentage for downstream transfers.
b. Income from subsidiary will be higher by the amount of the ending inventory profit multiplied by the noncontrolling interest percentage for downstream transfers.
c. Incrom from subsidiary will be reduced for downstream ending inventory profit but not for upstream profit, before the effect of the noncontrolling interest.
d. Income from the subsidiary will be reduced for upstream ending inventory profit but not for downstream profit, before the effect of the nonconrolling interest.
e. Income from subsidiary will be the same for upstream and downstream profit.
Business
1 answer:
scZoUnD [109]3 years ago
6 0

Answer:

a. Income from subsidiary will be lower by the amount of the ending inventory profit multiplied by the noncontolling interest percentage for downstream transfers.

Explanation:

When we transfer inventory from subsidiary to holding there will be some profit element included in cost. so when we consolidate the account of subsidiary to its holding at the time of reporting we should removed that unrealised profit included in the inventory.

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Answer:

TRUE

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8 0
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nadya68 [22]

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Explanation:

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3 years ago
What global market-entry strategy did mary kay use when it entered india?
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8 0
3 years ago
Read 2 more answers
PROBLEM: The Chicago Cubs play their home games at Wrigley Field, located in the Lakeview neighborhood of Chicago. A recent New
sergij07 [2.7K]

Answer:

If a large Number of Lakeview residents are questioned, about 44% of them will be Club fans.

Explanation:

Reporting the probability outcome of a singular observation are usually reported as stated above, that the probability of a random sample of Lakeview resident being a club fan is 0.44%. However from a long run relative frequency approach, it requires just more Than one random sample but a large number of samples being evaluated over time.

Hence to expresa as a long run relative frequency, it could be stated as ; report gathered from many Lakeview residents, about 44% of them are Club fans.

4 0
3 years ago
In order for a country to progress from a less developed country (LDC) to a moderately developed country (MDC), the country woul
Margaret [11]

Answer:

d) raise the per-capita income

Explanation:

A less developed country is a country with a low per capita income. They usually don't have a sustainable development.

A moderately developed country is a country that has a per capita income of between $1000 - $12,000.

Per Capita income = GDP / population

I hope my answer helps you.

7 0
3 years ago
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