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

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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