Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. company a has 40% of company b and 20% of company

Company A has 40% of Company B and 20% of Company C. However, the remaining...

90.2K

Verified Solution

Question

Accounting

Company A has 40% of Company B and 20% of Company C. However, the remaining shares of Company B are traded on the stock market. Company B also has 42% of Company C. Company C is a 51% shareholder of Company D. Company A also has a 32% minority stake in E Company. Which companies will cover a consolidated balance sheet to be prepared for Company A? Explain for reasons.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Medical Sciences
1.2K views

Name two Primary Central Organs of the Immune System: Name two Secondary Peripheral Organs of the...

Biology
1.2K views

Some individuals of a particular species of sea bird underwent a genetic mutation that resulted...

Physics
1.2K views

29 A thin disk of radius R is held closing the opening of a thin...

Basic Math
1.2K views

2 Use induction to prove for any natural number n that 1 3 32 3...

Calculus
1.2K views

Determine the point on the graph of the unit circle that corresponds to 2x Then...

Accounting
1.2K views

Hurricane Inc. purchased a portfolio of available-for-sale securities in 2016, its first year of operations....

Accounting
1.2K views

To claim head of household filing status, a taxpayer must: 1. Having a dependent who...

Accounting
1.2K views

Find a journal article online about the effectiveness of the Sarbanes-Oxley Act of 2002, post...

Accounting
1.2K views

1 o o o o

Accounting
1.2K views

This information relates to Indigo Real Estate Agency. Oct. 1 Stockholders invest \$31,100 in exchange...

Accounting
1.2K views

Providence Hospital generates monthly performance reports for each of its departments. The hospital must maintain...

Accounting
1.2K views

Cayman Corporation inicia operaciones el 1 de marzo con la emisin de 100.000 acciones ordinarias...