How are non-controlling shareholders likely to react to the reduction of their share of the subsidiarys earnings
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 70% (10 reviews)
The noncontrolling shareholders should not react at all because the reduction do...View the full answer
Answered By
Anthony Ngatia
I have three academic degrees i.e bachelors degree in Education(English & Literature),bachelors degree in business administration(entrepreneurship option),and masters degree in business administration(strategic management) in addition to a diploma in business management.I have spent much of my life in the academia where I have taught at high school,middle level colleges level and at university level.I have been an active academic essays writer since 2011 where I have worked with some of the most reputable essay companies based in Europe and in the US.I have over the years perfected my academic writing skills as a result of tackling numerous different assignments.I do not plagiarize and I maintain competitive quality in all the assignments that I handle.I am driven by strong work ethics and a firm conviction that I should "Do Unto others as I would Like them to do to me".
4.80+
76+ Reviews
152+ Question Solved
Related Book For
Advanced Financial Accounting
ISBN: 978-0137030385
6th edition
Authors: Thomas Beechy, Umashanker Trivedi, Kenneth MacAulay
Question Posted:
Students also viewed these Accounting questions
-
How are unrealized inventory gross profits created, and what consolidation entries does the presence of these gains necessitate?
-
How are unrealized profits on current-period intercompany sales treated in preparing the income statement for (a) The selling company (b) The consolidated entity?
-
How are employees likely to react to unreasonably restrictive rules in the workplace?
-
The Eldorado Corporation's controller prepares adjusting entries only at the end of the fiscal year. The following adjusting entries were prepared on December 31, 2011: Additional information: 1. The...
-
Vijay purchased a Province of Nova Scotia bond for $1050. The bond will pay $35 interest to Vijay at the end of every six months until it matures in seven years. On the maturity date the bond will...
-
Here's a cell you'll really like: The cell solution was made by mixing 25.0 mL of 4.00 mM KCN 25.0 mL of 4.00 mM KCu(CN) 2 25.0 mL of 0.400 M acid, HA, with pK a = 9.50 25.0 mL of KOH solution The...
-
A food processor claims that at most \(10 \%\) of her jars of instant coffee contain less coffee than claimed on the label. To test this claim, 16 jars of her instant coffee are randomly selected and...
-
At the end of 2007, its first year of operations, the Swelland Company reported a pretax operating loss of $32,000 for both financial reporting and income tax purposes. At that time the company had...
-
(a) How many ways can three balls of different colors - yellow, red, and green - be put in a ball can? (b) How many different one-to-one correspondences are there between the two sets {1,2,3} and...
-
S&P Enterprises has provided data from the first three months of the year. The Controller has asked you to prepare the Cash Budget and the related Schedules for Expected cash collections and Payments...
-
How do unrealized profits on upstream sales affect the non-controlling interests share of a subsidiarys earnings?
-
What is the impact on the non-controlling interest of unrealized profits in beginning inventories?
-
Simco Inc. is a manufacturer that purchased a new piece of equipment designed to reduce costs. After several months of operation, the results were quite unsatisfactory. The operations manager...
-
Are there marketing challenges globally ? What are the challenges? How can these challenges be overcome?
-
I need to select a failed marketing campaign via my own research. Find an example of a digital marketing campaign that appears to violate ethical marketing practices. Describe the campaign and state...
-
Does this PMS have a sound basis for identifying training and development needs? Discuss the importance and benefits of including a developmental plan as an art of the performance management system.
-
The minimum number of shareholders needed to take a corporate vote is a ?
-
Mammalian species differ in the size and composition of the cerebral cortex. Describe three developmental processes that determine the number of neurons in the mature cerebral cortex.
-
In the previous problem, suppose the Perpetual Life Insurance Co. told you the policy costs $58,000. At what interest rate would this be a fair deal? Data from problem 10 The Perpetual Life Insurance...
-
The manager for retail customers, Katie White, wants to hear your opinion regarding one business offer she has received from an entrepreneur who is starting a mobile phone app called Easy Money. The...
-
Explain goal-setting theory.
-
Marlow Company acquired 40 percent of the voting shares of Brown Company on January 1, 20X8, for $85,000. The following results are reported for Brown Company: Required Give all journal entries...
-
Marlow Company acquired 40 percent of the voting shares of Brown Company on January 1, 20X8, for $85,000. The following results are reported for Brown Company: Required Give all journal entries...
-
Marlow Company acquired 40 percent of the voting shares of Brown Company on January 1, 20X8, for $85,000. The following results are reported for Brown Company: Required Give all journal entries...
-
Aaron, Deanne, and Keon formed the Blue Bell General Partnership at the beginning of the current year. Aaron and Deanne each contributed $138,000, and Keon transferred an acre of undeveloped land to...
-
The following information pertains to the inventory of Parvin Company: Jan. 1 Apr. 1 Oct. 1 Beginning inventory Purchased Purchased 400 units @ 2,400 units @ 1,100 units $17 $22 $23 During the year,...
-
Gold Nest Company of Guandong, China, makes birdcages for the South China market. The company sells its birdcages through an extensive network of street vendors who receive commissions on their...
Study smarter with the SolutionInn App