1 Do you think whether Flower Plc. is a subsidiary or an associate for Bird Plc? Explain your reasoning.

2. What is the main conceptual different between a subsidiary and an associate? 3.f there happens a goodwill in the consolidation, calculate it. 4.Explain the non-controlling interest account. 5.Do you think non-controlling interest is a liability or an ownership account for Bird-Flower Group? Calculate it. 6.Calculate the total balance of Total Equity account in the consolidated financial statement. Provide its sub-accounts and their balances too. 7. What will be the balance of Bird shareholders' share of equity in the consolidated statement of financial position (SFP)?

. Passmu https://passnum.com/... https://passnum.comy... https://passium.com https://passium Statement of P/L and OCI for the year ended 31 December 20X4 Mommy Corp. Baby Ltd. 55 000 -43 000 12 000 -2 200 -1 000 PROFIT OR LOSS Revenues from sales of goods Cost of sales Gross profit Marketing and distribution expenses Administrative and other expenses Other income - dividend received from Baby Profit from operations Finance cost Profit before tax Income tax expense Net profit for the year 110 000 -88 000 22 000 -3 500 -2 000 800 17300 -500 16 800 -3 000 13 800 8 800 -30 8 770 - 1 400 7 370 OTHER COMPREHENSIVE INCOME Items that will not be reclassified to P/L Gains on from property revaluation Other comprehensive income for the year 500 500 120 120 14 300 7 490 TOTAL COMPREHENSIVE INCOME FOR THE YEAR MacBook Air 09 41 4 916 DI FS ! DD 99 F 80 888 FA F6 F5 + 3 . Passmu https://passnum.com/... https://passnum.comy... https://passium.com https://passium Statement of P/L and OCI for the year ended 31 December 20X4 Mommy Corp. Baby Ltd. 55 000 -43 000 12 000 -2 200 -1 000 PROFIT OR LOSS Revenues from sales of goods Cost of sales Gross profit Marketing and distribution expenses Administrative and other expenses Other income - dividend received from Baby Profit from operations Finance cost Profit before tax Income tax expense Net profit for the year 110 000 -88 000 22 000 -3 500 -2 000 800 17300 -500 16 800 -3 000 13 800 8 800 -30 8 770 - 1 400 7 370 OTHER COMPREHENSIVE INCOME Items that will not be reclassified to P/L Gains on from property revaluation Other comprehensive income for the year 500 500 120 120 14 300 7 490 TOTAL COMPREHENSIVE INCOME FOR THE YEAR MacBook Air 09 41 4 916 DI FS ! DD 99 F 80 888 FA F6 F5 + 3