Chapter 1, Problem 36P

a.

To determine

Calculate the average % ownership that Company, T will posses in its unconsolidated equity method affiliates on the basis of the company, T’s Mar 31, 2017 balance sheet information.

b.

To determine

Calculate the average % ownership that Company, T will posses in its unconsolidated equity method affiliates on the basis of the company, T’s Mar 31, 2017 income statement information.

c

To determine

Mention the difference between the average % ownership that Company, T will posses in

its unconsolidated equity method affiliates upon the information provided in the income statement information and balance sheet information.

d.

To determine

Reconcile the company, T’s March 3 1, 2017 Equity investment balance to the March 31,

2016 Equity investment balance and if the amounts will not reconcile, then mention its

reason also.