Ask Question
3 January, 04:17

k. Starbucks reports Income from Equity Investees in its income Statement. Using the narrative information provided in this case, describe the nature of this type of income.

+5
Answers (1)
  1. 3 January, 04:44
    0
    These revenues correspond to the portion of the related companies that do not consolidate in the Financial Statement because there is a minimum participation or there is no control over them (Example: They have control with the 51% of participation). However, if they have a minimal portion this means that there is a minority participation, the portion of the gain that corresponds to it is recorded in the financial statements.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “k. Starbucks reports Income from Equity Investees in its income Statement. Using the narrative information provided in this case, describe ...” 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