Business, 23.09.2019 20:10 cymoneej

The noncontrolling interest represents an outside ownership in a subsidiary that is not attributable to the parent company. where in the consolidated balance sheet is this outside ownership interest recognized?

Answers: 3

Show answers

Answers

Answer from: adyenamaie02

The correct answer is In the owners' equity section.

Explanation:

There are two theories to support the methods of integrating financial statements, namely: the theory of the entity and the theory of property.

Entity Theory: This theory is based on the assumption that the consolidated financial statements make sense when it is determined that there is an expanded economic entity in which the shareholders that make up the non-controlling interest also own a portion of the net assets of the consolidated entity (Carvalho, 2006).

In the attempt to eliminate the capital with which the subsidiaries participate in the consolidation, an account of a creditor nature must arise that reflects that part of the assets and liabilities that are not under the control of the holder. In the financial reporting standards, this portion has been called as a Non-controlling Participation, in exchange for its classic Minority Interest name.

Property Theory: This theory assumes that the owners of the parent or controlling entity are interested in making decisions based on the consolidated financial statements referring only to the part of the subsidiaries over which control is had and therefore, it would be undesirable to include in the consolidated information corresponding to third parties. That is, minority interest does not arise in this situation since the third-party owners of the subordinate have no participation in the parent company (Carvalho, 2006). In international financial information standards, this theory is still valid for those cases related to joint control investments in which there are two shareholders and each one has 50% of the entity to be consolidated. (Martínez, 2010).

Answer from: Quest

client registration system, resource management system, clinical management system, patient information database, common use-system interface

explanation:

Answer from: Quest

the answer would be voluntary exchange -

"the act of buyers and sellers freely and willingly engaging in market transactions. moreover, transactions are made in such a way that both the buyer and the seller are better off after the exchange than before it occurred."

hope this : )

-shy

Another question on Business

Business, 22.06.2019 02:00

4. suppose that pollution in a neighborhood comes from two factories, with marginal benefit curves given by mb1 = 12 – p1 and mb2 = 8 – p2. the level of pollution in the neighborhood is given by p = p1 + p2. the government wants to limit pollution by instituting a pollution-rights market. the government’s desired level of p is 10, so it prints 10 pollution rights and offers them for sale to the firms.a)find the equilibrium selling price of a pollution right, as well as the allocation of rights (and hence pollution levels) across the two factories. b)repeat part (a) for the case where the government’s desired level of pollution equals 14. c)comment on the usefulness of a pollution rights market in achieving efficient levels of pollution abatement.

Answers: 2

Answer

Business, 22.06.2019 16:50

Atrough in the business cycle occurs when

Answers: 1

Answer

Business, 22.06.2019 20:00

Assume the perpetual inventory method is used. 1) the company purchased $12,500 of merchandise on account under terms 2/10, n/30. 2) the company returned $1,200 of merchandise to the supplier before payment was made. 3) the liability was paid within the discount period. 4) all of the merchandise purchased was sold for $18,800 cash. what effect will the return of merchandise to the supplier have on the accounting equation?

Answers: 2

Answer

Business, 22.06.2019 22:00

Anheuser-busch inbev is considering you for an entry-level brand management position. you have been asked to prepare an analysis of the u.s. craft beer industry as part of the selection process. prepare a 3-5 page report that includes a description of the industry’s strategically relevant macro-environmental components, evaluates competition in the industry, assesses drivers of change and industry dynamics, and lists industry key success factors. the company’s management also asks that you propose the basic elements of a strategic action plan that will allow the company to improve its competitive position in the market for craft beer. you must provide a heading in your report for each of the required elements of the assignment.

Answers: 3

Answer

You know the right answer?

The noncontrolling interest represents an outside ownership in a subsidiary that is not attributable...

Questions