Why must the eliminating entries be entered in the consolidation worksheet each time consolidated statements are prepared? How is the beginning-of-period non-controlling interest balance determined? How is the end-of-period non-controlling interest balance determined? Which of the subsidiary's account balances must always be eliminated? Which of the parent company's account balances must always be eliminated and why must they be eliminated? How might this process under a GAAP basis compare to that under an IFRS basis? Are there any ethical aspects that need to be addressed?
Answers: 2
Business, 21.06.2019 19:40
Bear, inc. estimates its sales at 200,000 units in the first quarter and that sales will increase by 20,000 units each quarter over the year. they have, and desire, a 25% ending inventory of finished goods. each unit sells for $35. 40% of the sales are for cash. 70% of the credit customers pay within the quarter. the remainder is received in the quarter following sale. cash collections for the third quarter are budgeted at
Answers: 3
Business, 22.06.2019 11:30
Schonhardt corporation's relevant range of activity is 2,500 units to 5,500 units. when it produces and sells 4,000 units, its average costs per unit are as follows: averagecost per unitdirect materials $ 7.60direct labor $ 2.90variable manufacturing overhead $ 1.65fixed manufacturing overhead $ 2.90fixed selling expense $ 0.95fixed administrative expense $ 0.65sales commissions $ 0.75variable administrative expense $ 0.65if 4,500 units are produced, the total amount of fixed manufacturing cost incurred is closest to: multiple choicea $16,800b $11,400c $11,600d $15,400
Answers: 3
Business, 22.06.2019 19:20
Why is following an unrelated diversification strategy especially advantageous in an emerging economy? a. it allows the conglomerate to overcome institutional weaknesses in emerging economies. b. it allows the conglomerate to form a monopoly in emerging economies. c. it allows the conglomerate to use well-defined legal systems in emerging economies. d. it allows the conglomerate to take advantage of strong capital markets in emerging economies.
Answers: 1
Why must the eliminating entries be entered in the consolidation worksheet each time consolidated st...
English, 21.10.2020 01:01
Mathematics, 21.10.2020 01:01
Physics, 21.10.2020 01:01
Health, 21.10.2020 01:01
Social Studies, 21.10.2020 01:01
Mathematics, 21.10.2020 01:01
Mathematics, 21.10.2020 01:01
Mathematics, 21.10.2020 01:01
Mathematics, 21.10.2020 01:01
History, 21.10.2020 01:01
Physics, 21.10.2020 01:01
Mathematics, 21.10.2020 01:01