(a) Where the parent company does not hold 100 percent equity of the subsidiary company, what portion of the intra-group transactions 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)
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.
What degree is needed to be an accountant?
I really, really, really need the answer
Answer:
bachelor's degree
Explanation:
Although not required, most accountants attend college and earn a bachelor's degree. However, a bachelor's degree in accounting or a related field is considered the minimum education requirement for those who plan to become a CPA.
What is quality management.
Answer:
Quality management ensures that an organization, product or service is consistent. It has four main components: quality planning, quality assurance, quality control and quality improvement. Quality management is focused not only on product and service quality, but also on the means to achieve it.
BRUH THIS THING LOGGED ME OUT WHAT IS GOING ON
Answer:
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Explanation:
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А
(Blank) is a plan in which an individual balances available resources and expenses.
Answer:
budget
Explanation:
A budget is a tool that shows how an individual, organization, or a country wishes to spend their expected income. It is a plan of how to spend estimated income for a specified known period. Budgets help prioritize expenses and point out funding deficits.
Budgets require balancing income with expenses. The individual, organization, or country need to reorganize resources to avoid overspending. Avoiding budgets may lead to incomplete goals and debt problems.
Your plan projects revenue of $5,000, $8,000, and $10,000 in years 1 through 3. Expenses are projected to be $9,000 for each of years 1 through 3. If your only funding need is the gap between revenue and expenses, which is the best estimate of your maximum cumulative funding need?
a) $0
b) $1,000
c) $4,000
d) $50,000
Answer:
c) $4,000
Explanation:
The only funding needed is the difference between revenue and expense.
For year 1: funding required is $9,000 -$5000 = $4000
For year 2: funding required is$ 9,000 - $8000 = $1000
For year 3: funding required is $9000 -$10,000 = -$1000
cumulative funding = $4000, + $1000 + (-$1000)
=$5000 - $1000
=$4000
PLEASE HELP QUICKLY: (FIRST ANSWER GETS BRAINLIEST) PERSONAL & FAMILY FINANCE
Sarah, realizes she has a passion for finance. She specifically would like to study how personal behavior impacts our finances and the entire society. What career choice would BEST fit Sarah’s desire to study financial decisions and how we make them?
economist
math teacher
stock broker
Answer:
economist
Explanation:
what are you all doing for hoolween this year?
Answer: I’m having a Halloween party with my parents and family because you know ya girl ain’t trying to get sick
Explanation:
Your brother has cooked the books and skimmed money because he has six kids, one ex-wife, and may lose his home. The corporation's ISP sues the corporation for defaulting on the Web design and hosting contract, which you signed, claiming that the corporation is a sham corporation. You and your mom are personally liable.
False
True
Answer
false (?)
Explanation
I have no explanation
True
Answer:
Explanation:
Did on Edg
REALLY EASY QUESTION!!
which of these would be considered an issue of law?
a. being excessively tardy
b. helping a child cross the street
c. lying to a friend
d. stealing from a store
Answer:
Stealing from a store
Preparing as much as possible for your first day of work can help workers to ________. a. remember important tasks they have forgotten b. let employers see how hard working they are c. use up stores of nervous energy they have d. feel unprepared for their new challenges Please select the best answer from the choices provided A B C D
Answer:
Use up stores of nervous energy they have.Explanation:
hopes this helps:)
Answer:
C
Explanation:
Use up stores of nervous energy they have. hope its right got you guys
If you saw a coworker take something from the clinic what would you do?
Answer:
Um I would either tell them that he took it or i would just not worry about
Answer:
Join him.......
Taking money to allow someone to get what they want is a(n) ___ choice
ethical
unethical
neither
Answer:
its b, unethical
Explanation:
fix your grammer
Answer:
Unethical
Explanation:
Imagine yourself later on down the line knowing that you did something that you can't undo. Think before you react!!! People are challenged every day, but it's up to you to make that right decision.
what would happen if the Federal Reserve chairman says that the central bank will raise interest rates. which and how would it affect food prices, housing or oil?
Explanation:
What are the answered choices
Fees
Annual Fee $30
Transaction Fees Balance tranfers—$10 or 3% of the transaction (whichever is greater)
Cash advance—$10 or 3% of the transaction (whichever is greater)
Penalty Fees Late fee: $35
Over-the-credit-limit: $35
Returned payment: $25
Based on the Schumer Box, what is the transaction fee on a cash advance of $300?
$35
$30
$25
$10
Answer:
$10
Explanation:
The cash advance fee is quoted as $10 or 3% of the transaction fee, whichever is greater.
The cash advance, in this case, is $300.
the transaction fee will be 3% of 300
= 3/100 x $300
=0.03 x $300
=$9
$10 is greater than $9; therefore, the transaction fee will be $10
Answer:
D
Explanation:
took the test
an employee who has integrity is
Integrity is the act of behaving honorably, even when no one is watching. ... Employers who are committed to hiring employees with integrity are better equipped to provide high-quality service and maintain a positive reputation. When employees have integrity, their managers can trust their team is working diligently.
Answer:trustworthy and honest
Explanation:
Cause I’m amazing
Lynwood Bauer was paid $7.25 an hour for his first 2 months of work at his after-school job. He earned $7.45 an hour in the next month and $7.25 in the next four months. What is his average hourly pay rate for the months he worked at his part time job, to the nearest cent /
Answer:
$7.56
Explanation:
The computation of the average hourly pay rate is shown below:
= (Total wages for all seventh month) ÷ (number of months)
= ($7.25 × 2 + $7.45 + $7.25 × 4) ÷ (7 months)
= $7.56
Hence, the average hourly pay rate for the month is $7.56 and the same is to be considered
We simply applied the above formula
How do any of these life decision problems
Answer:
baseially you are putting in a person is affecting your life. you come up with a solution. write a postive way to solve it then right a negavitve way to solve it. then write when you are going to solve your problem. then the steps that are needed.
What is the difference between irregulars and seconds?
Answer: Have minor flaws that are not noticeable. Seconds: Have noticeable flaws, such as holes
Explanation:
Parent's Signature:------------
Sep
1
Balances brought forward: Cash $ 1620, Bank $9800
Trade Payables: Blue $ 800; Red $1200; White $2000
Trade Receivables: G Graham $500; A Ahmed $180; R Brown $640
b/a
70
2
6
8
9
>
The following paid their accounts by cheque, in each case deducting 5% cash discounts:
G Graham $500; A Ahmed $180; R Brown $640
Sold goods on credit Alan $900
Paid rent by cheque $350
H Mohamed lent us $6700 by cheque
We paid the following accounts by cheque in each case deducting 2 %% cash discount:
Blue $ 800; Red $1200; White $2000
Alan paid us the amount owed by him after allowing the discount of 10%
Paid motor expenses in cash $120
P Jack pays his account of $210, by cash $200, deducting $10 cash discount
Cash withdrawn from the bank for business use, $650
Paid wages in cash in cash $ 140
Cash withdrawn from the bank for personal use, $300
Received commission by cheque $260
Purchased furniture for $2200 and paid half of it by cheque
Cash deposited to bank account $600
Three Column Cash Book
12
15
18.
22
26
27
30
Date
Details
DA (S)
Date
Details
DR(S) Cash(s)
Cash($) Bank ($)
1620 9800 1
Bank($)
A Sep Balance b/a
Blue
Answer:
its good
Explanation:
it's great vsvhebejehsdhdbehhebehdbeh
Hizan is the owner of a company manufacturing shirts. His company is selling the shirts at a price of ₹200 per unit. The variable costs is ₹150 per unit. The fixed costs for the period is ₹5,00,000/-. Calculate the minimum number of units that must be sold for the company to attain break even. Show break even in terms of rupees.
Given:
Selling price = ₹200 per unit
Variable costs = ₹150 per unit.
Fixed costs for the period = ₹5,00,000
To find:
The minimum number of units that must be sold for the company to attain break even and break even in terms of rupees.
Solution:
We know that,
Total cost = Fixed cost + Variable cost
Let the number of manufacturing shirts be x, so the cost function for the shirts is
[tex]C(x)=500000+150x[/tex]
Selling price is ₹200 per unit. So, revenue function is
[tex]R(x)=200x[/tex]
At break even point the company has no profit no loss. It means, revenue is equal to cost.
[tex]R(x)=C(x)[/tex]
[tex]200x=5,00,000+150x[/tex]
[tex]200x-150x=5,00,000[/tex]
[tex]50x=5,00,000[/tex]
Divide both sides by 50.
[tex]x=10000[/tex]
Therefore, minimum number of units that must be sold for the company to attain break even is 10,000.
To find the break even price, substitute x=10000 in either cost function or revenue function.
[tex]R(10000)=200(10,000)[/tex]
[tex]R(10000)=20,00,000[/tex]
Therefore, the break even in terms of rupees is ₹20,00,000.
What is the meaning of time recovering
Answer:
to recover a wound
Explanation:
time to recover the sentence shows recover what can possibly recover ofcource a wound.
Use the following information to calculate Diana's liabilities:
Savings account: $2,500.00
Checking account: $400.00
Car value: $5,000.00
Personal property value: $5,500.00
Loan for vacation: $2,000.00
Loan from grandparents: $250.00
Answer:
=$2,250
Explanation:
Liabilities are what we owe to others. They include debts, loans, mortgages that we have borrowed from friends, banks, or other lenders.
From the list provided, Diana's liabilities are
1.Loan for vacation: $2,000.00
2.Loan from grandparents: $250.00
Total liabilities= $2000+ $250 = $2,250
Suppose the government wants to reduce the total pollution emitted by three local firms. Currently, each firm is creating 4 units of pollution in the area, for a total of 12 pollution units. If the government wants to reduce total pollution in the area to 6 units, it can choose between the following two methods:
Answer:
178 and 186
Regulation= 1,645
Tradable permits= 745
Elimination of pollution will be LESS costly
Explanation:
Calculation to Determine the total cost of eliminating six units of pollution using both methods
Computation for Method 1
REGULATION
Firm X = 95+120 = 215
Firm Y= 450+800 = 1,250
Firm Z= 80+100 = 180
Computation for Method 2
TRADABLE PERMITS
The prices at which firm Z willing to sell one of its permits to firm Y, but firm X is not will be :
178 and 186
Firm Initial permit Action Final Amount Cost of reduction
X 2 Sell 1 permit 3 95+120+200 = 415
Y 2 Buy 2 permit 0 0
Z 2 Sell 1 permit 3 80+100+150 = 330
REGULATION vs TRADABLE PERMITS
Regulation= 215+1250+180
Regulation= 1,645
Tradable permits = 415+330
Tradable permits= 745
Based on the above calculation for both regulation and tradable permits we can come to conclusion that elimination of pollution will be LESS costly to the society in a situation where the government distributes tradable permits because tradable permits is cheaper than regulation.
Emissions trading is a market-based strategy to pollution control that creates financial incentives for polluters to reduce their emissions.
178 and 186
Regulation= 1,645
Tradable permits= 745
Elimination of pollution will be LESS costly
Calculation to Determine the total cost of eliminating six units of pollution using both methods:-
Computation for Method 1REGULATION:-
Firm X = 95+120 = 215
Firm Y= 450+800 = 1,250
Firm Z= 80+100 = 180
Computation for Method 2TRADABLE PERMITS:-
The prices at which firm Z willing to sell one of its permits to firm Y, but firm X is not will be :
178 and 186
Firm Initial permit Action Final Amount Cost of reduction
X 2 Sell 1 permit 3 95+120+200 = 415
Y 2 Buy 2 permit 0 0
Z 2 Sell 1 permit 3 80+100+150 = 330
REGULATION vs TRADABLE PERMITS
Regulation= 215+1250+180
Regulation= 1,645
Tradable permits = 415+330
Tradable permits= 745
Based on the above calculation for both regulation and tradable permits we can come to conclusion that elimination of pollution will be LESS costly to the society in a situation where the government distributes tradable permits because tradable permits is cheaper than regulation.
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What is true about expense ratios for fees charged to manage mutual fund accounts?
Answer:
A lower percentage ratio indicates more money has been invested to make money for the customer
Explanation:
What is the most difficult part of being a leader?
Answer:
Guiding everyone else to success
Explanation:
The hardest part about being leader is to lead people with different personalities to work together for the achievement of the objective.
What are the difficulties of being a leader?A good leader is only good as long as he can unite people and motivate them to work together for one purpose.
The hardest things to manage as a leader is to handle the conflict among the employees by avoiding biasness or favoritism.
One of the toughest aspects of leadership is delegating authority as people are very complicated.
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Dana spends several hours researching prices and online reviews of t-shirts for a school
club. Which of the following is a cost of her research?
A. A popular t-shirt option
B. The time spent on the task
C. The best option at the lowest price
D. Appreciation from the club members
Answer:
B. The time spent on the task
Explanation:
The time that Dana spends carrying out her task is a cost to her. That cost can be calculated by ascertaining the gains or benefits she has missed due to the research.
If Dana were not doing the research, she would be engaged in other activities. Those activities could have been of benefit to her, be it financially or otherwise. The benefits foregone are the cost of Dana doing the research.
Answer:
Hi, the answer is most likely
The time spent on the task
Mr. Alex is the marketing manager of the company and he wants to implement a new way to promote the products in the market but his senior manager did not permit him and forced him to work strictly in accordance with the plan. Which limitation of planning is highlighted in this case
Answer: Planning reduces creativity
Explanation:
Under Planning reduces creativity, all team menbers are instructed or directed to work within the frame given by the management to them, working outside the frame of what was issued would go against the directives of the organization. This type of limitation of planning limits creativity, because members won't be able to introduce ideas to advance the growth of the team.
After settling a legal dispute, Frank must chose one of two settlement
payment options. He can either receive an immediate lump sum payment of
$250,000, or he can receive an installment payment package with annual
payments of $25,500 spread out over a span of 10 years. Which would likely
be more beneficial to him, and why?
A. The installment package would be better because it would prevent
him from spending all of his money immediately.
B. The immediate payment would be better because it is more
money overall.
C. The immediate payment would be better because he could use the
money immediately to invest it in a safe, low return account.
D. The installment package would be better because he'll have more
money in 10 years than with the lump sum.
After settling a legal dispute, Frank must choose The immediate payment of $250,000, because it would be better as he could use the money immediately to invest it in a safe, low-return account. Therefore, option C is the correct option.
What is investing?
Investing or investment is a financial term. It is both a tool and a source to generate wealth and income. Investment means putting the money in respect of an object, as the value of the objects differs with time so the value of the money will also differ accordingly. This fact about investment makes it both, risky and profit-making at the same time.
Thus, after a legal dispute is resolved, Frank must select the $250,000 immediate payment because it would be preferable because he could use the money right away to invest it in a secure, low-return account. As a result, choice C is the best one.
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PLEASE HELP QUICKLY: (FIRST ANSWER GETS BRAINLIEST PERSONAL & FAMILY FINANCE)
How is international trade MOST likely to impact companies and individuals?
Companies may choose to move their business to a different country.
Consumers have to learn a new language to be able to purchase goods from other countries.
Goods are no longer allowed to be traded from one country to another.
Answer: first one I think
Explanation:
Answer:
Goods are no longer allowed to be traded from one country to another (The last one)
Explanation:
If goods were no longer allowed to be traded, those who need the goods wouldn't have any and the business could ultimately clash.