Explain how a parent company that owns less than 100% of a subsidiary can purchase an entire
Question:
Common Stock
Common stock is an equity component that represents the worth of stock owned by the shareholders of the company. The common stock represents the par value of the shares outstanding at a balance sheet date. Public companies can trade their stocks on...
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 64% (14 reviews)
If a parent company owns less than 100 of a subsidiar...View the full answer
Answered By
Sumit kumar
Education details:
QUATERNARY Pursuing M.Tech.(2017-2019) in Electronics and Communication Engg. (VLSI DESIGN) from
GNIOT Greater Noida
TERTIARY B.Tech. (2012-2016) in Electronics and Communication Engg. from GLBITM Greater Noida
SECONDARY Senior Secondary School Examination (Class XII) in 2012 from R.S.S.Inter College, Noida
ELEMENTARY Secondary School Examination (Class X) in 2010 from New R.J.C. Public School ,Noida
CERTIFICATION
Summer Training in ‘WIRELESS EMBEDDED SYSTEM’ from ‘XIONEE’ for the six weeks.
EMBEDDED SYSTEM Certificate issued by CETPA INFOTECH for one day workshop.
Certificate of Faculty development program on OPTICAL COMMUNICATION and NETWORKS for one week.
5.00+
1+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Accounting questions
-
Brinker International, Inc. is the parent company that owns casual dining chains Chilis Grill and Bar and Maggianos Little Italy. You can learn more about the company at www.brinker.com. In its 2012...
-
Brinker International, Inc. is the parent company that owns casual dining chains Chili's Grill and Bar and Maggiano's Little Italy. You can learn more about the company at www.brinker.com. In its...
-
Parent Corporation has owned all 100 shares of Subsidiary Corporation common stock since 2008. Parent has been in the business of manufacturing and selling light fixtures, and Subsidiary has been in...
-
Match the following ratios with the appropriate formula. Ratio or Rate Formula a. Income from operations Interest expense Acid-test Total liabilities Stockholders' equity Current b. Net income-...
-
For a three-year GIC investment, what nominal rate compounded monthly would put you in the same financial position as 5.5% compounded semiannually?
-
A metal ball A initially carries a net charge of +1.75E-6 C, and another metal ball B initially carries a net charge of -4.77E-6 C. After an amount of charge -2.87E-6 C is transferred from A to B,...
-
During the year ended 30 June 2025, Modern Furniture Pty Ltd incurred the following costs. The company charges factory overhead costs to work in process inventory and finished goods inventory using...
-
Quigley Industries has a past history of uncollectible accounts, as shown below. Estimate the allowance for doubtful accounts, based on the aging of receivables schedule you completed in Exercise...
-
How is decision-making in organizations best supported by Management Accounting (a descriptive nature) and how should it be supported by Management Accounting (a prescriptive nature)? Is there a gap...
-
Show that if G is a CFG in Chomsky normal form, then for any string w L(G) of length n 1, exactly 2n 1 steps are required for any derivation of w.
-
Why is the date of acquisition of subsidiary stock important under the purchase method?
-
During a recent review of the quarterly financial statements and supporting ledgers, you noticed several unusual journal entries. While the dollar amounts of the journal entries were not large, there...
-
A venturi meter similar to the one in Fig. 15.2 has an inlet diameter of 100 mm and a throat diameter of 50 mm. While it is carrying water at 80°C, a pressure difference of 55 kPa is observed...
-
Canadian Parent Company (Parent) has an accounts receivable of US$100,000 due in 30 days. This amount is reflected on the Parent stand-alone statement of financial position. It happens to be exactly...
-
a) Consider a 3-period binomial model of asset pricing with P(H) = 2/3. Let the initial stock price be So 6 per share, u = 2 be up factor, d=0,5 be down factor. Then compute the following conditional...
-
Consider the specific-factors model, where the economy produces an agricultural good with land and labour and a manufactured good with capital and labour. The production process features diminishing...
-
The correlation between equity and bonds is 0.2. If the standard deviation of equity returns is 15% and the standard deviation of bond returns is 5%, what is the covariance between equity and bonds?
-
You are required to install temporary fencing to secure a construction site to both, protect people to inadvertently enter the site and endanger themselves and to protect tools and materials from...
-
For the following problems, the table holds C code functions. Assume that the first function listed in the table is called first. You will be asked to translate these C code routines into MIPS...
-
A 20-cm-square vertical plate is heated to a temperature of 30oC and submerged in glycerin at 10oC. Calculate the heat lost from both sides of the plate.
-
The switch in Figure P9=43 has been open for a long time and is closed at \(t=0\). (a) Find the circuit differential equation in \(i_{\mathrm{L}}(t)\) and the initial conditions...
-
If the current rate method is used, the gain or loss on translation is included under other comprehensive income. Explain why this makes sense economically.
-
The gain or loss on remeasurement is included in net income each year if the temporal method is used. Explain why this makes sense economically.
-
The gain or loss on remeasurement is included in net income each year if the temporal method is used. Explain why this makes sense economically.
-
Lake Incorporated and the River, Incorporated reported net incomes of $205,000 and $164,000, respectively, for the most recent fiscal year. Both companies had 41,000 shares of common stock issued and...
-
What effect Eventually, BREXIT will make on EU? How it will benefit UK? What will be the possible outcome?
-
Merchant Company purchased property for a building site. The costs associated with the property were: Purchase price Real estate commissions Legal fees Expenses of clearing the land Expenses to...
Study smarter with the SolutionInn App