Enyart Company has a non-controlling interest in a subsidiary. Enyart's controller is unsure how to report losses in the subsidiary that exceed the value of Enyarts interest in the subsidiary. Advise the controller.
Losses attributable to the
Blank 1
and the
Blank 2
interest in a subsidiary may exceed their interests in the
Blank 3
equity. The
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, and any further
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attributable to the parent and the noncontrolling interest, shall be attributed to those
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. That is, the noncontrolling interest shall continue to be attributed its share of losses even if that attribution results in a
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noncontrolling interest balance.
Answers
Losses attributable to the parent and the non-controlling interest in a subsidiary may exceed their interests in the subsidiary's equity.
The losses should be reported as a loss by the parent (Enyart Company) in the consolidated income statement.
In accordance with IFRS 10 Consolidated Financial Statements, the controller should report losses that exceed the value of Enyart's interest in the subsidiary in the consolidated income statement, attributing any losses to both the parent and non-controlling interest (NCI) if applicable.
IFRS 10 requires a parent company to prepare consolidated financial statements that include all of its subsidiaries. The parent must consolidate all of the subsidiary's assets, liabilities, and results to the group financial statements regardless of the level of ownership in the subsidiary.
The parent's share of the subsidiary's profit or loss is determined after the NCI share has been calculated.
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Related Questions
Match the following
Answers
Answer:
2,3,1,5,4,6
Explanation:
numbers go in box
FIRST ANSWER WILL BE NAMED BRAINLIEST
Which action would effectively and appropriately address a budget deficit?
A. reduce income
B. reduce expenses
C. apply for bankruptcy
D. apply for new credit
Answers
Answer:
It is letter B
Explanation:
Reducing expenses would effectively and appropriately address a budget deficit. Thus option B is correct.
What is the budget?A budget is a financial plan that projects future earnings and costs. A budget, put simply, forecasts future finances in addition to anticipated revenues and expenditures. Calculating the company's earnings and costs for a set period of time is the procedure for creating a budget.
Increasing tax rates while decreasing government expenditures are the two apparent ways to minimize a budget deficit. the reduction of government spending and/or the raising of taxes, which results in either a rise in the primary surplus or a decrease in the budget deficit. greater taxes and less funding by the government. If public spending is lower than tax receipts, a budget surplus results.
Therefore, option B is the correct option.
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Which of the following banned most proprietary trading by commercial banks?
A) Consumer financial Protection Bureau B) Regulation Q
C) Greenspan rule D) Volcker rule
Answers
The correct option is D, which is the Volcker rule.
The Volcker rule banned most proprietary trading by commercial banks.
The Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 established the rule in response to the financial crisis of 2008.
The Volcker rule, which went into effect in 2015, prohibits banks from conducting proprietary trading.
The Volcker Rule forbids banks from using their own capital to trade for profit.
The rule also prohibits banks from owning or investing in hedge funds and private equity funds.
Thus, option D is the correct answer.
Let's look at the other options as well:
Option A: Consumer Financial Protection Bureau
The Consumer Financial Protection Bureau (CFPB) is a United States government agency that is responsible for enforcing federal consumer protection laws.
The CFPB has jurisdiction over banks, credit unions, securities firms, payday lenders, mortgage servicers, and other financial companies.
However, it has nothing to do with the ban on proprietary trading.
Option B: Regulation Q Regulation Q was a Federal Reserve regulation that went into effect in 1933.
It placed a ceiling on the interest rate that banks could pay on deposits.
The regulation was repealed in 2011, but it has nothing to do with the ban on proprietary trading.
Option C: Greenspan rule
The Greenspan rule is a monetary policy guideline that was established by former Federal Reserve Chairman Alan Greenspan.
The Greenspan rule states that the Federal Reserve should not intervene in the stock market unless there is a significant disruption in the financial markets.
It has nothing to do with the ban on proprietary trading.
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1.
Control Account is known as
Answers
Which accounts are found on an income statement?.
Answers
Answer:
Revenue. Contains revenue from the sale of products and services. Could be segregated into additional accounts to record sales for particular products, regions, or other classifications.
Sales discounts. This is a contra account, containing discounts granted to customers from the gross sale price.
Cost of goods sold. Contains the cost of manufactured goods or merchandise sold during the period. Could be segregated into additional accounts to record the costs of direct materials, direct labor, and factory overhead.
Compensation expense. Contains the costs of salaries and wages incurred during the reporting period for all employees. This includes bonuses, commissions, and severance pay.
Depreciation and amortization expense. Contains the periodic depreciation and amortization charges associated with tangible and intangible fixed assets.
Employee benefits. Contains the employer-paid portions of the costs of numerous benefits, such as medical insurance, life insurance, and pension plan contributions.
Insurance expense. Includes the recognized cost of insurance, such as for building insurance or general liability insurance.
Marketing expenses. Contains the costs of a variety of expenses, including advertising, publications, and brochures.
Office supplies expense. Contains the costs of all incidental supplies incurred by the business that are not related to production activities.
Payroll taxes. Contains the employer-paid portions of payroll taxes, such as social security.
Professional fees. Contains the costs of auditors, attorneys, and consultants.
Rent expense. Contains the cost of lease payments on facilities and land being leased by the entity.
Repair and maintenance expense. Contains the costs of all repair and maintenance activities incurred by the business that are not related to production activities.
Taxes. Contains property taxes, use taxes, and other taxes charged by local governments.
Travel and entertainment expense. Contains the costs of all airfare, mileage reimbursement, hotels, and related expenses incurred by employees.
Utilities expense. Contains the costs of telephones, electricity, gas, and so forth.
Income taxes. If the entity is subject to income taxes, the amount is recorded in this account.
Question 2(Multiple Choice Worth 5 points)
(02.06 MC)
In general, what kind of people earn the most money?
O People with skills that are in high demand and high in supply
O People with skills that are in high demand but low in supply
O People with skills that are in low demand and low in supply
People with skills that are in low demand but high in supply
Answers
They earn the most money since skills also follow the law of supply and demand, so consumers are willing to pay more due to low supply
What role does product/service management play in marketing?.
Answers
Answer:
El Marketing de Servicios es un conjunto de tácticas que tienen como objetivo agregarle valor al servicio ofrecido, con el fin de persuadir al cliente para que opte por una determinada empresa. A través de una estrategia de Marketing de Servicios, es posible garantizar la máxima satisfacción de consumidores y usuarios
Explanation:
Answer:
✒️Answer:Product/service management is a marketing function that involves obtaining, developing, maintaining, and improving a product or service mix in response to market opportunities.
Explanation:
#CarryOnLearning\(watch.some.anime\)
Related Party Risk: Evaluate the related party situation for Kathmandu by analysing the information disclosed by the client. You should also conduct a reasonable search for potentially related parties that may not have been disclosed (incompleteness) by the client. Come to an evaluation of the situations in conformance with both Accounting Standards (NZ IAS) and expectations of Auditing Standards (ISA NZ), and make a recommendation to the engagement partner with respect to the Related Party Risk issue.
Answers
To evaluate related party risk for Kathmandu, analyze disclosed information and search for undisclosed related parties. Make recommendations in accordance with Accounting and Auditing Standards.
Evaluating related party risk for Kathmandu involves analyzing the disclosed information and conducting a reasonable search for undisclosed related parties. This evaluation should be done in accordance with Accounting Standards (NZ IAS) and expectations of Auditing Standards (ISA NZ).
Review the financial statements and accompanying notes for explicit disclosures of related party transactions. Analyze contracts, agreements, and other relevant documents to identify potential undisclosed related parties.
Assess the nature, extent, and financial implications of the related party transactions to determine if they have been appropriately accounted for and disclosed. Based on the evaluation, make recommendations to the engagement partner, which may include suggesting additional procedures or adjustments to address the related party risk issue.
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What can give working people information about their fields, including conferences and leadership opportunities in those fields?
an extracurricular activity
a career and technical student organization
a professional organization
a cocurricular activity
Answers
Answer:
a professional organization
Explanation:
A professional organization is formed to promote the growth of the profession and advance the interest of people working in that profession.
A professional organization is also known as a professional association. It facilitates communication and connection among its professionals. It supports innovations and creativity that help develop and grow the profession. Through their regular meeting, members of a profession share information on the trending issues, opportunities, and challenges affecting the profession.
Answer:
C
Explanation:
On March 25, 2014, Patton Company sold merchandise on account,$10,000. The applicable sales tax percentage is 8.5%. Record the transaction.
Answers
Answer:
Kindly see attached picture
Explanation:
Sales tax percentage= 8.5%
Sales = 10,000
Sales tax payable = 0.085 × 10000 = 850
Accounts payable = 10000 + 850 = 10850
Kindly see attached picture for journal entry
price stickiness refers to when group of answer choices prices are slow to adjust to economic shocks. prices of goods and services respond to the stock market. firms raise their prices as soon as they hear bad news. prices are controlled by government regulations.
Answers
Price stickiness refers to when prices are slow to adjust to economic shocks.
What are Price stickiness?Price stickiness, or sticky prices, is the resistance of market prices to rapid changes despite changes in the broader economy, according to which a different price is optimal. "Velocity" is a general economic term that can be applied to any financial variable that resists change.
A fixed price is one of the basic assumptions of the Keynes school. This assumption is also known as price rigidity, which means that prices cannot fully adjust in the short run.
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John and Fred owned, as joint tenants with right of survivorship, business property that they purchased for $40,000. John furnished one fourth of the purchase price and Fred furnished three fourths of the purchase price. Depreciation deductions allowed before Fred's death were $8,000. Under local law, each had a one half interest in the income from the property. At the time of Fred's death, the fair market value of the property was $80,000, three fourths of which is includable in Fred's estate. What is John's basis in the property at the date of Fred's death
Answers
Answer:
$66,000
Explanation:
Given the following :
Property pur has price = $40000
John's portion of purchase price = 1/4 = (1/4 * 40000) = $10,000
Fred's portion = 3/4 = 0.75 * 40,000 = $30,000
Depreciation allowed before Fred's death = $8000
Each beared half :
That is ; (0.5 * $8000) = $4000 each
Fair market value of property at the time of Fred's death = $80,000
Portion owned by Fred at the time = 3/4
0.75 * $80,000 = $60,000
At this time, John has taken up full ownership :
Basis = $6000 + $60,000 = $66,000
What is the primary determinant of human behavior?
Answers
The primary determinant of human behavior is a complex and debated topic in psychology, sociology, and philosophy. Some argue that biological factors, such as genetics and brain chemistry, play a significant role in shaping behavior.
Others argue that environmental factors, such as upbringing and socialization, have a greater influence on behavior.There are also theories that suggest that a combination of both nature and nurture, along with personal experiences, motivations, and cultural factors, contribute to shaping human behavior.
For example, social learning theory proposes that individuals learn behavior through observation and imitation of those around them. Cognitive theory suggests that an individual's thought processes and beliefs influence their behavior.Ultimately, it is difficult to pinpoint one single determinant of human behavior, as it is shaped by a multitude of factors. The relative influence of each factor may vary depending on the individual and the situation.
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TRUE / FALSE. In the capital budgeting process in countries where liquidity is limited, a firm should use a higher discount rate if it has a higher cost of capital.
Answers
The statement "In the capital budgeting process in countries where liquidity is limited, a firm should use a higher discount rate if it has a higher cost of capital" is false because -
The appropriate discount rate should be determined based on the risk characteristics of the investment project and the firm's cost of capital, regardless of liquidity limitations.
In the capital budgeting process, the discount rate represents the cost of capital, which is the minimum rate of return required by the firm to undertake an investment project.
The discount rate reflects the firm's opportunity cost of using its funds in a particular investment instead of alternative investments with similar risks.
In countries where liquidity is limited or where a firm has a higher cost of capital, it does not necessarily mean that the firm should use a higher discount rate in the capital budgeting process.
The discount rate used should reflect the specific risk associated with the investment project and the firm's cost of capital, which includes factors such as the risk-free rate, market risk premium, and the firm's systematic risk.
While limited liquidity or higher cost of capital may influence the firm's overall financial position and the availability of funds, it does not directly determine the appropriate discount rate for capital budgeting.
The discount rate should be determined based on the specific investment project's risk and the required return for the firm to compensate for that risk.
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What does indigenous technology mean?
Answers
Answer: I hope this is helpful mark brainlist if right then no if wrong
Explanation:
Indigenous technology is used by the native inhabitants of a country or region and it constitutes an important part of its cultural heritage. Characteristically, indigenous technologies: Are recognized as animate, imbued with the breath of life and they live in form and function.Technologies employed by the native inhabitants of a country and which constitute an important part of its cultural heritage and should therefore be protected against exploitation by industrialized countries; the problem of indigenous knowledge has been discussed during the Rio Conference but it does not receive much ...Types of indigenous technology in India are; (i) Generic Drugs. (ii) Thorium based Nuclear Reactors. (iii) Plastic RoadsIndigenous Technology is created within a sensory environment that builds on our sense of relationship, meaning, balance, feeling, memory and place as well as sight, sound, smell, taste and touchIndigenization is the process by which Indigenous ways of knowing, being, doing and relating are incorporated into educational, organizational, cultural and social structures of the institution.One example of Indigenous Technologies in action today can be witnessed in differential approaches to medicine. Medical technologies in the Western Scientific sense of the term might conjure images of biomedical research labs, electromagnetic monitors or imaging systems such as CT or MRI scans.Indigenous technology is used by the native inhabitants of a country or region and it constitutes an important part of its cultural heritage. Characteristically, indigenous technologies: Are recognized as animate, imbued with the breath of life and they live in form and function.
omg people are so sensetive
Answers
Answer:
ikrrr
Explanation:
"A" represents the new quantity demanded, while "B" represents the new quantity supplied.
1. What is the result of these changes?
a) equilibrium
b) excess supply
c) excess demand
2. Based on this graph, what will prices most likely do?
a) rise
b) fall
c) stay the same
**PLEASE INCLUDE EXPLANATION
Answers
Answer:
caExplanation:
because it is possible in the graph only
Answer:
1.) Excess supply
2.) Fall
Explanation:
Edge
what will happen to the equilibrium price and quantity of fish if fish oils are found to help prevent heart disease?
Answers
The equilibrium price and the quantity of the demanded fish will increase.
What is equilibrium price?Market supply and demand must balance one another to reach equilibrium, which leads to the stable pricing. In general, when there is an abundance of products or services, prices decline, which increases demand, but when there is scarcity, prices rise, which decreases the demand. It can be claimed that the forces of supply and demand are comparatively equal and the market is in an equilibrium when a major index goes through a period of consolidation or sideways momentum. Researchers have discovered that prices typically oscillate near the equilibrium levels. Market forces will encourage sellers to enter market and produce more if the price increases too much. Over time, these actions maintain equilibrium level's relative equilibrium.
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How important is money
Answers
Answer:
very important
Explanation:
money is a global income source for everyone. we all have different types but it is all still money. now say one country got rid of money and had people pay for stuff using other things. if china did that lots of different countries wouldn't be able to get stuff from there unless they had so much of that product they could just give it up.
Is profit the same as cash flow?
Answers
Answer:
No
Explanation:
Cash flow refers to the money that flows in and out of your business. It's income and expenses.
Profit, however, is the money you have after deducting your business expenses from overall revenue. Both are important, but cash flow is essential to keep your business running in the here and now.
A Manager Should Always Reject A Special Order If o A. The special order price is less than the variable costs of the order. o B. The special order price is less than the regular sales price. o C. There is available excess capacity. o D. The special order will require variable nonmanufacturing expenses.
Answers
A Manager Should Always Reject A Special Order if A. The special order price is less than the variable costs of the order.
How do you decide whether to approve a special order?
Management must take into account a number of considerations before determining whether to accept a particular order:
1. the quantity needed to complete the particular order.
2. Whether the buyer's proposed price will cover the cost of production.
3. the analysis's use of fixed costs.
4. Qualitative elements
Management should only approve a special order if the added revenue surpasses all product costs when analysing the request. Management must take into account a number of criteria before deciding whether to accept a particular order, including the capacity needed to complete the request. Whether the buyer's proposed price will cover the cost of production. the analysis's use of fixed costs.
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The production era marked a time when companies were able to increase their profits because they were able to decrease their production costs.
True
False
Answers
Answer:
true
Explanation:
it was the time of the production line making it easy to make expensive things with people that are lower skilled and cheaper overall
Answer:
True
Explanation:
have a good day
Which of the following statements about supervising unlicensed assistants in Kentucky is correct?
A)An unlicensed office manager is permitted to supervise an unlicensed assistant.
B)The principal broker isn't permitted to supervise an unlicensed assistant.
C)The principal broker may assign supervision of an unlicensed assistant to another licensee.
D)The principal broker must supervise unlicensed assistants.
Answers
A principal broker may assign supervision of an unlicensed assistant to another licensee. The Correct option is C
What is an unlicensed assistant?An unlicensed assistant is a non-licensed employee who performs clerical, reception, bookkeeping, or marketing tasks for a licensed real estate agent or broker. They should not engage in activities that only a licensed agent can do, such as negotiating or writing contracts, providing real estate advice, or showing homes. The principal broker is responsible for the supervision of the actions of all licensees, including unlicensed assistants. The Correct option is C
If the principal broker is unavailable or does not have the required skills, they may delegate supervision of unlicensed assistants to another licensee within the brokerage. An unlicensed office manager can also be appointed by the principal broker to oversee unlicensed assistants. So, option A is not correct. The principal broker isn't allowed to supervise unlicensed assistants directly. Therefore, option B is not correct as well. Option D is also not accurate because the principal broker must supervise all licensees, but it doesn't mean they must supervise unlicensed assistants. The Correct option is C
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If the first 5 students expect to get the Final Average of 95, what would their Final Tests need to be?? Please let me know how to get the final scores.
Answers
Answer:
475
Explanation:
An average value is the sum of all initial values divided by the number of values used.
i.e Av = \(\frac{sum of values}{number of values}\)
Since the 5 students are expecting final average of 95, then their final test score can be determined by;
number of values used = 5, and the average = 95
So that;
95 = \(\frac{sum of values}{5}\)
⇒ sum of values = 95 × 5
= 475
sum of values = 475
The first 5 students' final test score = sum of values = 475.
Their final test score need to be 475.
alejandro and dalton are part of a group organized specifically to raise financial capital for the construction of a world-class indoor tennis center. this type of investment group is known as a(n) .multiple choicelimited partnershipsyndicatemember-managed llc501(c)(3) corporations corporation
Answers
The type of investment group organized specifically to raise financial capital for the construction of a world-class indoor tennis center is called a B. syndicate.
What is a syndicate ?A syndicate refers to a collection of people or associations united towards a particular goal, frequently geared towards securing monetary resources for a distinct venture or investment chance. To build an exceptional indoor tennis facility, a consortium could unite to gather money and support the plan.
Syndicates, commonly formed as either partnerships or corporations, involve members pooling resources such as money to support a given project.
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which career cluster does the accouning pathway belong in? a.finance b.manufacturing c.information technology d. health sciences
Answers
Answer:
a. Finance
Explanation:
Accountants handle taxes and manage other financial records for individuals or companies.
evaluate whether locating closer to raw materials is the most important factor when locating a business. if not what other factor/s would be more important
Answers
Answer:
The nature of the major raw material requires to produce the product of the business determines the level of importance attached to locating a business closer to raw materials.
Explanation:
The level of importance attached to locating a business closer to raw materials depends on the nature of the major raw material requires to produce the product of the business.
When the major raw material requires to produce the product of the business is a heavy raw material that cannot be easily transported, locating the business closer to the raw material will be the most important factor.
However, when the major raw material requires to produce the product of the business can be easily be transported, locating the business closer to raw materials will NOT be the most important factor. In this case, some of the other important factors to consider will include proximity to markets; availability of labour; water supply; availability of power, fuel or gas; waste products disposal facility and among others.
ect the best answer
Owning your own business allows you the freedom to
A. allow others to make decisions.
B. determine your own working hours.
C. bypass some laws and restrictions of the region in which you do business.
Answers
The best answer to the question "Owning your own business allows you the freedom to" is B. determine your own working hours.
Owning your own business can be an exciting and rewarding experience, but it also comes with a lot of responsibilities. When you own your own business, you are responsible for everything from managing employees to paying bills to handling legal issues. However, one of the biggest advantages of owning your own business is the ability to determine your own working hours.As a business owner, you have the freedom to set your own schedule and work at times that are most convenient for you. This is especially important for people who have other commitments such as family or other jobs. Owning your own business allows you to work around these commitments and create a schedule that works best for you.In addition to determining your own working hours, owning your own business also gives you the freedom to make your own decisions. Unlike working for someone else, where you have to follow someone else's rules and procedures, owning your own business allows you to make your own decisions about everything from product offerings to marketing strategies.
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Christmas Tree Park, and Lumber Value enter into an oral contract for the sale of a lumber mill and the land on which it is situated from Christmas Tree Park to Lumber Value. Under the Statute of Frauds, this contract is enforceable by
Answers
Under the Statute of Frauds, this contract is enforceable by none of the choices.
What Is the Statute of Frauds?A legal principle known as the statute of frauds mandates that some kinds of contracts be in writing. Land sales, deals involving items costing more than $500, and agreements lasting a year or longer are some of the contracts that are most frequently subject to the statute of frauds.
The statute of frauds is designed to stop fraud and other types of harm. Evidentiary and cautionary are common terms used to characterize these goals. The statute of frauds serves an evidential purpose by offering proof that a valid, binding contract is in place. Each party should be more focused, serious, and thoughtful when transacting as a result of the statute of fraud's cautionary purpose.
The statute of frauds was predominantly established in the United States as common law, or unwritten law. In most states, it has since been institutionalized by statutes. The defendant may bring up the statute of frauds as a defense in a breach of contract dispute if it is relevant because it is the plaintiff who has the burden of proof. It is the burden of the plaintiff to prove that a legal contract actually existed.
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The following information is given for an economy Labor Force of an Economy Number of People (millions) Total population 35.4Children under the age of 16 6.7Retirees 6.6 Employed 18.5Unemployed 1.9Not actively seeking employment 1.2Homemakers 0.5 Instructions: Round your answers to one decimal place. a. How much of the popúlation is older than 16? ....... million b. What is the size of the labor force? ...... million c. Whet is the labor force participation rate? .......%
Answers
a. To find the population older than 16, subtract the number of children under the age of 16 from the total population:
35.4 million (total population) - 6.7 million (children under 16) = 28.7 million
The population older than 16 is 28.7 million.
b. The size of the labor force is the sum of the employed and unemployed people:
18.5 million (employed) + 1.9 million (unemployed) = 20.4 million
The size of the labor force is 20.4 million.
c. To find the labor force participation rate, divide the size of the labor force by the population older than 16, then multiply by 100 to get the percentage:
(20.4 million / 28.7 million) * 100 = 71.1%
The labor force participation rate is 71.1%.
What does the term "unemployed" mean?
Having actively sought employment at some point over the previous four weeks, being available to start a job within the next two weeks, not having a job during a given week, or having already found a position that starts within the next three months.
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