alleryStart learning →Associates are listed with ownership proportion and, if different, what else?
ADate of acquisition
BMarket capitalisation
CProportion of voting power
DCredit rating assigned
Answer & Solution
Correct answer: C. Proportion of voting power
When voting power differs from ownership interest, the proportion of voting power held is disclosed as well.
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Related questions
An enterprise controlled by another enterprise is called a what?Consolidated financial statements present a group as what?An enterprise is NOT an associate if it is what?A 40% held associate revalues assets with a surplus of Rs 2,00,000. Adjustment to carryingA 30% associate sold goods to the investor at Rs 50,000 profit, still unsold. Elimination?A Rs 4,00,000 investment has an equity carrying amount of Rs 4,50,000 when influence ends.Unrecognised loss share is Rs 30,000. The investor's share of the next profit is Rs 50,000Rs 8,00,000 buys 40% of an associate with net assets of Rs 15,00,000. What is the goodwill