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Company A get 60% of the share of company B in December 2012, Joy is a accountant who work in Company A, He could take in preparing the consolidated financial statements for the recently established group, he is concerned about the evaluation of Non-Controlling Interest share of equity, mainly in the years after acquisition date.
Purpose a report for Joy, describe the step approach to the computation of Non-Controlling Interest and the effects of the approach in the years after acquisition date
Requirements:
Is this problem about NCI share recorded equity calculation subsequent the 3 steps( the equity at acquisition data, the equity between acquisition date and the starting of current period and the changes in equity in the current period)?
Jakes policy is to maintain an ending inventory equal to 20% of the next quarter sales. each surfboard costs $140 and sol for $200. How many units should jake produce during the first quarter of 2007?
Indicate how dividends should be distributed to the preferred stock and common stock. Total and per share.
What would happen to the expected value and standard deviation of the investment if you borrowed an additional $1,000 and invested a total of $2,000? What if you borrowed $2,000 to invest a total of $3,000?
Will the event be profitable for the sorority? Show computations and how many people must attend for the sorority to break even?
Prepare a statement of cash flows in proper form for 2006, using the indirect or the direct method and Prepaid expenses pertain to operating expenses; accounts payable pertains to merchan-dise purchases.
For 2011, cost of goods sold was $5,400,000 for Gentry and $1,200,000 for Gaspard Farms. What was consolidated cost of goods sold for 2011?
A building is purchased for $35,000. (1) Name the accounts impacted and how using the format account name/debit or credit/dollar amount and explain how the accounting equation is impacted.
Greer company's standard predetermined overhead rate is $8 per direct labor hour. For the month of June, 26,000 actual hours were worked, and 27,000 standard hours were allowed. Normal capacity hours were 28,000. Elucidate how much overhead was..
Describe the journal entry, including the cash flow implications for financial statement analysis and valuation
Declared and paid $10,000 of dividends. In addition, the company sold additional common stock amounting to $14,000. As a result, the amount of its retained earnings at the end of the year would be.
When its president died, the corporation realized $150,000 from an insurance policy. The cash surrender value of this policy had been carried on the books as an investment in the amount of $46,000 (the gain is nontaxable).
Provide recommendations for future business activity based upon your assessment. Cite references from your library research to support your conclusions of the company's performance based upon your analysis and financial ratio evaluations.
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