How the existence of an nci affect the pre-acquisition entry

Assignment Help Financial Management
Reference no: EM132380266

Question

Does the existence of the NCI affect the BCVR entries? Why or why not?

Using the following information demonstrate how the existence of an NCI affects the pre-acquisition entry. Explain the journal entry line by line.

Gold Ltd acquired 90% of Hardwood Ltd for $252,000 cash on 1 July 2019. At that date the equity of Hardwood included the following:

Share Capital $200 000

Retained Earnings 80 000

Totak 280 000

Reference no: EM132380266

Questions Cloud

What is timexs taxable income for the current year : What is Timex's charitable contribution deduction for the current year and is there a charitable contribution carryover available to the following year?
Calculate the year end adjusting journal entries : The equipment has an estimated life of 10 years, no residual value, and the double declining balance method is used for calculating depreciation.
Create t accounts and enter the july 31 balances : Create T accounts and enter the July 31 balances. Post the transactions to the T accounts.On July 31, 2017, Lee Meche, MD, had the following balances.
Discuss the communicable disease chain model : What are social determinants of health? Explain how social determinants of health contribute to the development of disease. Describe the fundamental idea.
How the existence of an nci affect the pre-acquisition entry : Using the following information demonstrate how the existence of an NCI affects the pre-acquisition entry. Explain the journal entry line by line.
Describe the global health issue and its impact : Select a global health issue affecting the international health community. Briefly describe the global health issue and its impact on the larger public health.
Demonstrate leadership strategies that promote safety : Demonstrate leadership strategies that promote safety and improve quality in nursing practice and increase collaboration with other disciplines when planning.
Record the transactions listed given in journal entry form : Oriole Corporation's charter authorized issuance of 105,000 shares of $10 par value common stock and 49,500 shares of $50 preferred stock.
Influential methodology to study social systems : Agent-based modeling has been applied in many domains. Why are they becoming an influential methodology to study social systems?

Reviews

Write a Review

Financial Management Questions & Answers

  Foreign company acquisition

Acquisition by a foreign company and the effects of that decision and the results of foreign exchange in Euro and the exchange rate differences.

  Financial management for profit and non profit organizations

In this essay, we are going to discuss the issues of financial management in a non-profit organisation.

  Method for estimating a venture''s value

Evaluate venture's present value, cash and surplus cash and basic venture capital.

  Replacement analysis

This document show the Replacement Analysis of modling machine. Is replacement give profit to company or not?

  Business finance task - capital budgeting

Your company is considering using the payback period for capital-budgeting. Discuss the advantages and disadvantages of this technique.

  Analysis of the investment

In this project, you will focus on one of these: the additional cost resulting from the purchase of an apple press (a piece of equipment required to manufacture apple juice).

  Conduct a what-if analysis

Review the readings and media for this unit, including the Anthony's Orchard case study media. Familiarise yourself with the Anthony's Orchard company and its current situation.

  Determine operational expenditures

Organisations' behaviour is guided by financial data. In the short term, such data will help determine operational expenditures; in the long term, historical data may help generate forecasts aimed at determining strategic plans. In both instances.

  Personal financial management

How much will you have left over each half year if you adopt the latter course of action?

  Sources of finance for expansion into new foreign markets

A quoted company is considering several long-term sources of finance for expansion into new foreign markets.

  Long term financial planning

This assignment is designed for analyze Long term financial planning begins with the sales forecast and the key input in the long term fincial planning.

  Explain the role of fincial manager

This assignment explain the role of fincial manager, function of manger. And what are the motives of financial manager.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd