When is equity-method reporting considered inappropriate even though sufficient common shares are owned to allow the exercise
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 63% (11 reviews)
Equitymethod reporting should not be used when a The ...View the full answer
Answered By
Ali Khawaja
my expertise are as follows: financial accounting : - journal entries - financial statements including balance sheet, profit & loss account, cash flow statement & statement of changes in equity -consolidated statement of financial position. -ratio analysis -depreciation methods -accounting concepts -understanding and application of all international financial reporting standards (ifrs) -international accounting standards (ias) -etc business analysis : -business strategy -strategic choices -business processes -e-business -e-marketing -project management -finance -hrm financial management : -project appraisal -capital budgeting -net present value (npv) -internal rate of return (irr) -net present value(npv) -payback period -strategic position -strategic choices -information technology -project management -finance -human resource management auditing: -internal audit -external audit -substantive procedures -analytic procedures -designing and assessment of internal controls -developing the flow charts & data flow diagrams -audit reports -engagement letter -materiality economics: -micro -macro -game theory -econometric -mathematical application in economics -empirical macroeconomics -international trade -international political economy -monetary theory and policy -public economics ,business law, and all regarding commerce
4.00+
1+ Reviews
10+ Question Solved
Related Book For
Advanced Financial Accounting
ISBN: 978-0078025624
10th edition
Authors: Theodore E. Christensen, David M. Cottrell, Richard E. Baker
Question Posted:
Students also viewed these Accounting questions
-
When is consolidation considered inappropriate even though the parent holds a majority of the voting common shares of another company?
-
Even though planning is considered the foundation of management, why do you think it is commonly the task that managers neglect most?
-
Even though planning is considered the foundation of management, why do you think it is commonly the task that managers neglect most?
-
Describe the role of the police in contemporary society? 2. What does Alex Vitale argue? Do you agree with him? 3. Discuss the impact of the #Black Lives Matters protests. 4. How do you see the...
-
Using the concept of ceteris paribus describe an illustration of diminishing returns in the consumption of pizza.
-
Consider the a following scenario. At Albus International Academy, every incoming student makes a $1,000 deposit. Albus International Academy has 10 incoming students, and each of them has made a...
-
In order to buy a car, you borrow $25,000 from a friend at 12 percent/year compounded monthly for 4 years. You plan to repay the loan with 48 equal monthly payments. a. How much are the monthly...
-
Charlotte Lebioda grew up in the hotel business. Her parents owned and operated a 100 room limited service hotel for 20 years. When Charlotte graduated from hospitality school, her parents retired,...
-
According to CDC estimates, more than 2.82.8 million people in the United States are sickened each year with antibioticresistant infections, with at least 35,00035,000 dying as a result. Antibiotic...
-
Table 1 shows Apple's online orders for the last week. When shoppers place an online order, several "recommended products" (upsells) are shown as at checkout an attempt to upsell See table 2 in cell...
-
How is the ability to significantly influence the operating and financial policies of a company normally demonstrated?
-
From the point of view of an investor in common stock, what is a liquidating dividend?
-
Define and explain the following, and why they are important: sources of debt financing, trade credit, line of credit, accounts receivable financing, time-sales factoring, commercial finance company.
-
Let f(x) = x + px + q. Find the values of p and q such that f(1) = 3 is an extreme value of f on [0, 2]. Is this value a maximum or minimum?
-
How does the process of socialization contribute to the formation of identity, development of social skills, and integration into society, and what is its overarching importance to the well-being and...
-
Perform both a Vertical and Horizontal Trend analysis on the following Income Statement. 2021 2022 Sales $ 1,500,000 $ 1,325,000 Cost of Goods Sold $ 950,000 $ 925,000 Gross Profit $ 550,000 $...
-
Given the total value (Al) covariance matrix (below) the 97% individual VaR for asset 1 is: Asset 1 0.3 Asset 2 0.01 0.01 0.1 0.02 -0.05 1.00 Asset 1 Asset 2 Asset 3 Asset 3 0.02 -0.05 0.15
-
James takes two data points from the weight and feed cost data set to calculate a slope, or average rate of change. A guinea pig weighs 3 pounds and costs $ 3 . 5 0 per week to feed, while a...
-
What is the value of the specific gravity of ether?
-
Calculate I, , and a for a 0.0175 m solution of Na 3 PO 4 at 298 K. Assume complete dissociation. How confident are you that your calculated results will agree with experimental results?
-
Identify the processes of the hydrologic cycle that affect flood runoff from a 1. 5 km 2 forested lot. Discuss the relative importance of each of the processes. If the lot is cleared, what changes in...
-
Winston Corporation purchased 40 percent of the stock of Fullbright Company on January 1, 20X2, at underlying book value. The companies reported the following operating results and dividend payments...
-
Phillips Company bought 40 percent ownership in Jones Bag Company on January 1, 20X1, at underlying book value. In 20X1, 20X2, and 20X3, Jones Bag reported the following: The balance in Phillips...
-
Phillips Company bought 40 percent ownership in Jones Bag Company on January 1, 20X1, at underlying book value. In 20X1, 20X2, and 20X3, Jones Bag reported the following: The balance in Phillips...
-
1. There is a project with the following cash flows: Year 0 Cash Flow -$23,400 2345 6,800 7,900 7,000 7,600 6,400 What is the payback period? You must show all your work to earn credits. 2. Filter...
-
What is the difference between net present value and internal rate of return? Explain briefly
-
Donkey Haven is located in Australia. Donkey Haven offers 16 acres of treed rural farmland, for guests to explore and enjoy. Guests can sit outside, listening to the wind in the trees, admire the...
Study smarter with the SolutionInn App