What is profit attributable to the non-controlling interest

Assignment Help Accounting Basics
Reference no: EM132017953

Question - Exe Co acquired 70% of the ordinary share capital of Barle Co six years ago. The following information relates to BarleCo for the year ended 30 September 20X3.

Sales revenue 480,000

Cost of sales 270,000

Administration expenses 90,000

Taxation 30,000

What is the profit attributable to the non-controlling interest in the consolidated income statement?

Reference no: EM132017953

Questions Cloud

Determine the annual unit sales volume : Determine the annual unit sales volume at which Martinez company would be in different between the two manufacturing methods
How you plan to achieve your goals : As a suggestion, you may want to interview someone whose class you enjoyed or who teaches in the discipline you hope to major in.
How would you determine the sales price : If you had to choose a type of bond for your company to issue, which would you choose? How would you determine the sales price? Why
Identifying the implications for an employer : Analyze legislation and demonstrate your understanding by identifying the implications for an employer based on the legislation that is in place
What is profit attributable to the non-controlling interest : Exe Co acquired 70% of the ordinary share capital of Barle Co six years ago. What is the profit attributable to the non-controlling interest
What is the total payment due in the last quarter : What is the regular payment (quarters 1 through 19)? What is the total payment due in the last quarter (quarter 20)?
The nearest cent of three-year forward contract : what is the value to the nearest cent of a three-year forward contract with a delivery price of $30?
What is the percentage return the fund : what is the percentage return the fund can report that was achieved by its portfolio managers?
Calculate the total saving deposit terms : Calculate Monthly Interest rate? Calculate the total saving deposit terms?

Reviews

Write a Review

Accounting Basics Questions & Answers

  What is the amount of owners equity

What is the amount of owners equity at the end of the year - What is the amount of total assets at the end of the year?

  Describe one researched accounting position

Describe one (1) researched accounting position, and explain the essential skills that would make a candidate successful in the position

  Identify other issues that might not have been considered

Financial Statement Terminology: Business AssetsResources. Identify other issues that might not have been considered.

  Trevor smith contributed equipment inventory and 48000 cash

trevor smith contributed equipment inventory and 48000 cash to a partnershp. the equipment had a book value of 25000

  Prepare all necessary journal entries for 2011

Prepare all necessary journal entries for 2011 for (1) Rho Jean Inc. and (2) Debbie, Inc and Stillwater reported net income of $244,000 for the year.

  Write the debit or credit amount in each t account

Analyzing revenue, expense, and withdrawal transactions into debit and credit parts T accounts are given in the Working Papers.

  Prepare newton enterprises'' journal entry

Prepare Newton Enterprises' journal entry.

  Upper darby park department is considering a new capital

upper darby park department is considering a new capital investment. the cost of the machine will be 200000. the

  Calculate the amount of net sales and cost of goods sold

Calculate the amount of Net Sales and Cost of Goods Sold for the transactions listed above. What is Nicole's Getaway Spa's gross profit percentage

  Consider the following probability distribution of returns

consider the following probability distribution of returns estimated for a proposed project that involves a new

  Blackwelder snow removals cost formula for its vehicle

blackwelder snow removals cost formula for its vehicle operating cost is 1240 per month plus 348 per snow-day. for the

  External failure costs change

How much do external failure costs change if all changes are as anticipated with the new prevention procedures? Assume all units produced are sold and there are no ending inventories.

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