Answer: D) A subsidiary is an invisible part of a business combination and should be included in its entirety regardless of the degree of ownership.
What is a basic premise of the acquisition method regarding accounting for a non controlling interest?
A) Consolidated financial statements should not report a non controlling interest balance because these outside owners do not hold stock in the parent company.
B) Consolidated financial statements should be primarily for the benefit of the parent company's stockholders.
C) Consolidated financial statements should be produced only if both the parent and the subsidiary are in the same basic industry.
D) A subsidiary is an invisible part of a business combination and should be included in its entirety regardless of the degree of ownership.
D) A subsidiary is an invisible part of a business combination and should be included in its entirety regardless of the degree of ownership.
Answer:
A
Explanation:
The question is saying, 'fit for you' therefore I think this is about the owner and not necessarily the consumer hence the potential owner should go and shadow
Answer:
In this case, when Carson mortgaged the land to Bob Jordan. he mortgaged the land and not the building or furniture.
The building, Plant and Machinery placed by Bill is not included for the mortgaged carried out by Bill and its free from any impediment.
Secondly, Bob cannot have an assert on the Building, Plant and Machinery unless its specifically mentioned in the original mortgaged documents.
Explanation:
Solution
In this scenario when Carson mortgaged the land to Bob Jordan. he mortgaged the land and not the building or furniture.
If Bill Carson has taken the loan without no alternative, what it implies is that if the land is not sufficient to repay the loan taken, Bob cannot have claim on the personal property of Bill.
The building, Plant and Machinery installed by Bill is not part for the mortgaged done by Bill and its free from any burden.
Bob cannot have any claim on the Building, Plant and Machinery unless its specifically stated in the original mortgaged documents.
<span>If other things are held constant, an increase in Unites States imports will make the dollar less valuable and other countries dollar will rise. There needs to be a balance between imports and exports for the United States to stay afloat. An influx of imports would make the United States reliant on foreign products and would raise the foreign countries value. This is why it is import for domestic products to sell and keep revenue inside the country.</span>
