【单选题】When a parent uses the partial equity method throughout the year to account for its 80% investment in an acquired subsidiary, which of the following statements is true at the date immediately precedin...
A.
Parent company net income equals consolidated net income.
B.
Parent company retained earnings equals consolidated retained earnings.
C.
Parent company total assets equals consolidated total assets.
D.
Parent company dividends equal consolidated dividends.
【单选题】Denber Co. acquired 60% of the common stock of Kailey Corp. on September 1, 2019. For 2019, Kailey reported revenues of $810,000 and expenses of $630,000, not including its investment in Denber, and a...
【单选题】When a parent uses the initial value method throughout the year to account for its 80% investment in an acquired subsidiary, which of the following statements is true at the date immediately preceding...
A.
Parent company net income equals consolidated net income.
B.
Parent company retained earnings equals consolidated retained earnings.
C.
Parent company total assets equals consolidated total assets.
D.
Parent company dividends equal consolidated dividends.
【单选题】When a parent uses the equity method throughout the year to account for its 80% investment in an acquired subsidiary, which of the following statements is false at the date immediately preceding the d...
A.
Parent company net income equals controlling interest in consolidated net income.
B.
Parent company retained earnings equals consolidated retained earnings.
C.
Parent company total assets equals consolidated total assets.
D.
Parent company dividends equals consolidated dividends.
【单选题】Premier Co acquired80%of Sanford Co on 1 June 20X1. Sales from Sanford Co to Premier Co throughout the year ended 30 September 20X1 were consistently $1 million per month. Sanford Co made a mark-up on...