On 01 January 2018 at acquisition P Ltd acquired 80% interest in S Ltd. S Ltd had a retained earnings that amount to 250 000 on 01 January 2020 since the acquisition, S Ltd had a retained earnings that amounted to 375 560. The financial year ends on 31 December 2020 How much will be Non- Controlling interest on retained earning since the acquisition, at the beginning of the year? ( ceteris paribus) Select one: A. 25112 B. 2512 C. 50000 D. 75000
On 01 January 2018 at acquisition P Ltd acquired 80% interest in S Ltd. S Ltd had a retained earnings that amount to 250 000 on 01 January 2020 since the acquisition, S Ltd had a retained earnings that amounted to 375 560. The financial year ends on 31 December 2020 How much will be Non- Controlling interest on retained earning since the acquisition, at the beginning of the year? ( ceteris paribus) Select one: A. 25112 B. 2512 C. 50000 D. 75000
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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On 01 January 2018 at acquisition P Ltd acquired 80% interest in S Ltd. S Ltd had a
How much will be Non- Controlling interest on retained earning since the acquisition, at the beginning of the year? ( ceteris paribus)
Select one:
A. 25112
B. 2512
C. 50000
D. 75000
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