day co. owns 80% of night co. day and night reported profits of 200 and 100 respectively in 20x1. there is no depreciation of fair value adjustment. 1. what is the consolidated profit? 2. what is the profit attributable to the owners of day co.

day co. owns 80% of night co. day and night reported profits of 200 and 100 respectively in 20x1. there is no depreciation of fair value adjustment. 1. what is the consolidated profit? 2. what is the profit attributable to the owners of day co.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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