When comparing the difference between an upstream and downstream transfer of inventory, and using the initial value method, which of the following statements is true?
a. Income from subsidiary will be lower by the amount of the ending inventory profit multiplied by the noncontolling interest percentage for downstream transfers.
b. Income from subsidiary will be higher by the amount of the ending inventory profit multiplied by the noncontrolling interest percentage for downstream transfers.
c. Incrom from subsidiary will be reduced for downstream ending inventory profit but not for upstream profit, before the effect of the noncontrolling interest.
d. Income from the subsidiary will be reduced for upstream ending inventory profit but not for downstream profit, before the effect of the nonconrolling interest.
e. Income from subsidiary will be the same for upstream and downstream profit.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “When comparing the difference between an upstream and downstream transfer of inventory, and using the initial value method, which of the ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
Al contracted to sell his house to bev. subsequently, they both changed their minds and agreed to cancel the contract. the contract between al and bev is discharged by:
Answers (1)
The balance sheet of the central bank is Assets Liabilities Gov't bonds $5000 Currency $2100 Gold $500 Reserves of commercial banks $3400 The consolidated balance sheet of commercial banks is Assets Liabilities Reserves at the central bank $3400
Answers (1)
With manual transmission, use your right foot for the brake and accelerator and left foot for the clutch. True or False
Answers (1)
What is the correct Price Rule Setup? Universal Containers wants to apply an additional discount of 15% to the Quote when Payment Frequency is Monthly or Bi-Weekly and Product A is added or User Count greater than 25 is defined. A.
Answers (1)
Sam has just begun to spontaneously apologize to other children if he accidentally hurts them during play time. Sam is most likely years old
Answers (1)
New Questions in Business
An advertiser enables target cost-per-acquisition (cpa) bidding and notices that conversions decrease. what might cause this?
Answers (1)
A trigger strategy is a strategy that: A. is not relevant to oligopolies. B. determines when to enter an industry. C. depends on an opponent's past decisions. D. tells a business to leave the industry because the price is below the AVC.
Answers (1)
What is the effect on the supply curve for skateboards if the government implements a tax on the manufacturing process?
Answers (1)
Cost of goods sold is: an asset account. a revenue account. an expense account. a permanent equity account.
Answers (1)
Markup represents an amount needed to cover operating expenses. a. True b. False
Answers (1)