(a) Explain what is meant by the terms associate and significant influence. (b) Explain the equity method...
Question:
(a) Explain what is meant by the terms "associate" and "significant influence".
(b) Explain the equity method of accounting which is used to account for an investment in an associate. Also explain how this differs from the consolidation approach which is used in relation to subsidiaries.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 72% (11 reviews)
a Associate An associate is an entity over which an investor has significant influence but not contr...View the full answer
Answered By
DHRUV RAI
As a tutor, I have a strong hands-on experience in providing individualized instruction and support to students of all ages and ability levels. I have worked with students in both one-on-one and group settings, and I am skilled in creating engaging and effective lesson plans that meet the unique needs of each student.
I am proficient in using a variety of teaching techniques and approaches, including problem-based learning, inquiry-based learning, and project-based learning. I also have experience in using technology, such as online learning platforms and educational software, to enhance the learning experience for my students.
In addition to my teaching experience, I have also completed advanced coursework in the subjects that I tutor, including mathematics, science, and language arts. This has allowed me to stay up-to-date on the latest educational trends and best practices, and to provide my students with the most current and effective teaching methods.
Overall, my hands-on experience and proficiency as a tutor have equipped me with the knowledge, skills, and expertise to help students achieve their academic goals and succeed in their studies.
0.00
0 Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
What is meant by the terms (a) Capital call, (b) Deal flow, and (c) Due diligence?
-
What is meant by the terms policy agreement and policy conflict?
-
What is meant by the terms trade creation and trade diversion? Why are these concepts important?
-
e) Based on your investigation of the data set create two well-formatted tables that illustrate some important features of the data. Your tables should have informative labels and a readable number...
-
The mean television viewing time for Americans is 15 hours per week (Money, November 2003). Suppose a sample of 60 Americans is taken to further investigate viewing habits. Assume the population...
-
Luang Textiles is considering the purchase of a new machine. Its invoice price is 122,000, freight charges are estimated to be 3,000, and installation costs are expected to be 5,000. Residual value...
-
A current loop lies in the \(x y\) plane, with the current circulating counterclockwise when viewed from the positive \(z\) axis. Is there a torque on the loop, and if so, in what direction, if a...
-
The following information is available for the first month of operations of Icahn Inc., a manufacturer of art and craft items: Sales ..................$ 4,500,000 Gross profit ............... 810,000...
-
11. The current in a metallic conductor is plotted against voltage at two different temperatures T and T2. Which is correct :- Current 2 (1) T Voltage (2) T
-
(a) Explain what is meant by the term "joint arrangement". (b) Distinguish between joint operations and joint ventures. Outline the accounting treatment prescribed for each of these by standard...
-
On 1 October 2019 Pumice acquired the following non-current investments: (i) 80% of the equity share capital of Silverton at a cost of 13. 6 million (ii) 50% of Silverton's 10% loan notes at par...
-
A consulting group offers courses in financial management for executives. At the end of these courses participants are asked to provide overall ratings of the value of the course. For a sample of 25...
-
What did McDonald's do as part of the McCaf beverage roll out? multiple choice 4 The company built specialty beverage platforms in all U.S. outlets. The company added bakery items to its Happy Meals....
-
On the Navajo Reservation, a random sample of 214 permanent dwellings in the Fort Defiance region showed that 52 were traditional Navajo hogans. In the Indian Wells region, a random sample of 139...
-
Post an analysis of how different leadership styles can be beneficial. Select the leadership style (Laissez-Faire Leadership Style) that you least identify with and describe one positive attribute of...
-
Write a Differences between transformative and laissez-faire leadership (Advantages and Disadvantages)
-
What is Laissez-Faire Leadership and provide an example ?
-
Define price and name the various types of prices described in this chapter.
-
we have to compute the letter grades for a course. The data is a collection of student records stored in a file. Each record consists of a name(up to 20 characters), ID (8 characters), the scores of...
-
For each of the following taxpayers, state the dates on which the 2021-22 income tax is due to be paid and calculate the amount payable on each date. (Ignore Class 4 NICs). (a) Guy's 2020-21 income...
-
Irma is self-employed. Her trading income for 2021-22 is 69,950 and during the year she makes net contributions to a registered pension scheme of 6,000. Her only other income in 2021-22 consists of...
-
Edna's total pension input amounts for tax years 2018-19 to 2021-22 are as follows: She has no unused annual allowance to bring forward from previous years. Her taxable income for 2021-22 (after...
-
Books and Brew (BB) is a large city bookstore that sells books and music CD's, and also has a cafe. Currently, BB uses a single-driver system to allocate its operating costs to each of its three...
-
Suppose the price level reflects the number of dollars needed to buy a basket of goods containing one can of seltzer, one bag of pretzels, and one shuttle ride. In year one, the basket costs $11.00....
-
A cylindrical water tower of diameter 3.0 m supplies water to a house. The level of water in the water tower is 35 m above the point where the water enters the house. The intake pipe delivers water...
Study smarter with the SolutionInn App