Question: One weakness associated with the fair value enterprise method is that Multiple Choice it is inconsistent with the historical cost principle. non-controlling interest (NCl )
One weakness associated with the fair value enterprise method is that Multiple Choice it is inconsistent with the historical cost principle. non-controlling interest (NCl ) is computed using the book values of the subsidiary's net assets. non-controlling interest ( NCl) is computed using the fair market values of the subsidiary's net assets. the value ossigned to the non-controlling interest (NCi) will affect the goodwill valuotion for the subsidiary
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
