User Account

All Pages

How much will the non-controlling interest

Assignment Help Financial Accounting
Reference no: EM132748161

Question - If the shareholder's equity allocated to the subsidiary's preference shares amounts to $240,000 and the parent company acquires 60% of the subsidiary's preference shares at a cost of $150,000, how much will the non-controlling interest in the preferred shares amount to after the purchase by the parent.

a) $90,000

b) $96,000

c) $240,000

d) $120,000

Reference no: EM132748161

Questions Cloud

How much of the salaries for Marcia : How much of the 2020 salaries for Marcia and Zack is deductible by Broadbill in 2020 if the corporation is an accrual method taxpayer
Why would the company choose to process further : A company produces a product that currently costs $8 in variable costs and $2 in fixed costs. Why would the company choose to process further
Should the company accept the special order : The incremental cost of accepting the special order is $382,000. Should the company accept the special order
The recruiting value of corporate social responsibility : Kim and Park (2011) argue that corporate social responsibility (CSR) activities not only have value for benefitting social causes
How much will the non-controlling interest : If the shareholder's equity allocated to the subsidiary's preference shares amounts to $240,000, how much will the non-controlling interest
Secure and led to the security incident : Determine which one of these administrative, physical, and technical controls were not secure and led to the security incident.
Give the entry to record the sale of the season tickets : Give the entry to record (a) the sale of the season tickets and (b) the revenue recognized after playing the first home game
Propose the social cause for organization : Propose the social cause for your organization and how it supports the mission, vision, and values of the organization.
Prepare the entries on Markowitz books : The first issues were mailed in February 2021. Prepare the entries on Markowitz's books to record the sale of the subscriptions

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .

  Computation of free cash flow

Computation of Free Cash Flow

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd