User Account

All Pages

How would you reflect this on the balance sheet

Assignment Help Accounting Basics
Reference no: EM133041093

Question - A shareholder purchases 35% non controlling interest in a $80 million company. According to FASB statement no. 160, how would you reflect this on the balance sheet? If he or she sells 8% of the shares, how would this transaction be reflected differently?

Reference no: EM133041093

Questions Cloud

Detail a real or imaginary experience walking through : Complete paragraph with a concluding sentence that summarizes your outing, and make sure it has a point! In other words, what did you take away
What is James adjusted tax basis for his partnership : George contributes $600,000 cash and James contributes non-depreciable property with an adjusted basis of $500,000. What is James adjusted tax basis
Null hypothesis and alternative hypothesis for test : Q: Test whether Life Work Balance is more important for female employees
Proposed development and possible impacts : EIA is as much a social process as a means of collecting physical information about the proposed development and possible impacts
How would you reflect this on the balance sheet : According to FASB statement no. 160, how would you reflect this on the balance sheet? If he or she sells 8% of the shares
What are the competitive advantages of visa : What are the competitive advantages of Visa so that it becomes a global payments powerhouse? Using value chain analysis
Discuss the effectiveness of the sampling designs : A research company obtains a sample for a focus group through organized groups such as church groups, clubs, and schools. The organizations are paid for securin
Calculate the opportunity cost of capital : Suppose investors believe the stock will sell for $63 at year-end. Calculate the opportunity cost of capital. Is the stock a good or bad buy
Exploration of emotions and experiences : -Facilitate a structured debriefing following a stress-related incident in which colleagues requiring additional support.

Reviews

Write a Review

Accounting Basics Questions & Answers

  Determining the consolidated retained earnings

On January 1, 2018, P Company acquired 90% of the outstanding shares of S Company by issuing 100,000 shares of its P10 par ordinary shares with a market price.

  What are the components of cash

Question - What are the components of cash? What items may be confused with cash, but normally are categorized under other balance sheet captions

  Burton companys fixed budget performance report for july

burton companys fixed budget performance report for july follows. the 675000 budgeted expenses include 634500 variable

  What characteristics used to help establish model predicting

Client recognized when it purchased a factory has become impaired. What characteristics might be used to help establish a model predicting goodwill impairment?

  What is the variable cost per hamburger

If Four Gals has a break-even point of 25,000 hamburgers, and annual fixed costs are $250,000, what is the variable cost per hamburger

  A man wishes to prepare the future of his 10year old son

a man wishes to prepare the future of his 10year old son. determine the monthly savings that he should make with

  What will be baldwin book value

Baldwin's balance sheet has $96,096,000 in equity. Further, the company is expecting net income of 4,000,000 next year, What will be Baldwin book value

  Company assign to the land and to the building

Utica Corporation paid $360,000 to purchase land and a building.

  From the e-activity assess the effectiveness of the current

discussion 1- ethics in management accounting versus financial accountingrespond to the followingfrom the e-activity

  Differentiate between profit sharing and co-ownership

differentiate between profit sharing and co-ownership schemes of incentives to labour .explain your answer with

  Determine the least amount of taxes being paid in australia

Assume there is no tax treaty between the United States and Australia. Using the information on Australian tax rates found determine the total amount of taxes.

  Identify the assertion the control address

Do you evaluate the customer's credit history, and is amount of available credit checked before a sale is authorised? Identify the assertion the control address

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