Explain the meaning of term non-controlling interest.

Question

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Answer 1

Question

Chapter 4, Problem 1Q

To determine

Explain the meaning of term non-controlling interest.

Expert Solution & Answer

Answer to Problem 1Q

The interest which is other than that of parent company in any entity is termed as non-controlling interest.

Explanation of Solution

Non-controlling interest:

The interest which is other than that of parent company in any entity is termed as non-controlling interest. The non-controlling interest specifies the percentage of ownership which is not owned by the parent company.

For example, if the parent company own 70% in the subsidiary then the remaining 30% is the non-controlling interest.

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Answer 2

Question

Chapter 4, Problem 1Q

To determine

Explain the meaning of term non-controlling interest.

Expert Solution & Answer

Answer to Problem 1Q

The interest which is other than that of parent company in any entity is termed as non-controlling interest.

Explanation of Solution

Non-controlling interest:

The interest which is other than that of parent company in any entity is termed as non-controlling interest. The non-controlling interest specifies the percentage of ownership which is not owned by the parent company.

For example, if the parent company own 70% in the subsidiary then the remaining 30% is the non-controlling interest.

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Answer 3

Question

Chapter 4, Problem 1Q

To determine

Explain the meaning of term non-controlling interest.

Expert Solution & Answer

Answer to Problem 1Q

The interest which is other than that of parent company in any entity is termed as non-controlling interest.

Explanation of Solution

Non-controlling interest:

The interest which is other than that of parent company in any entity is termed as non-controlling interest. The non-controlling interest specifies the percentage of ownership which is not owned by the parent company.

For example, if the parent company own 70% in the subsidiary then the remaining 30% is the non-controlling interest.

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Answer 4

Question

Chapter 4, Problem 1Q

To determine

Explain the meaning of term non-controlling interest.

Expert Solution & Answer

Answer to Problem 1Q

The interest which is other than that of parent company in any entity is termed as non-controlling interest.

Explanation of Solution

Non-controlling interest:

The interest which is other than that of parent company in any entity is termed as non-controlling interest. The non-controlling interest specifies the percentage of ownership which is not owned by the parent company.

For example, if the parent company own 70% in the subsidiary then the remaining 30% is the non-controlling interest.

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Subscribe now to access step-by-step solutions to millions of textbook problems written by subject matter experts!

Answer 5

Chapter 4, Problem 1Q

To determine

Explain the meaning of term non-controlling interest.

Expert Solution & Answer

Answer to Problem 1Q

The interest which is other than that of parent company in any entity is termed as non-controlling interest.

Explanation of Solution

Non-controlling interest:

The interest which is other than that of parent company in any entity is termed as non-controlling interest. The non-controlling interest specifies the percentage of ownership which is not owned by the parent company.

For example, if the parent company own 70% in the subsidiary then the remaining 30% is the non-controlling interest.

Answer 6

Chapter 4, Problem 1Q

To determine

Explain the meaning of term non-controlling interest.

Expert Solution & Answer

Answer to Problem 1Q

The interest which is other than that of parent company in any entity is termed as non-controlling interest.

Explanation of Solution

Non-controlling interest:

The interest which is other than that of parent company in any entity is termed as non-controlling interest. The non-controlling interest specifies the percentage of ownership which is not owned by the parent company.

For example, if the parent company own 70% in the subsidiary then the remaining 30% is the non-controlling interest.

Answer 7

Chapter 4, Problem 1Q

To determine

Explain the meaning of term non-controlling interest.

Answer 8

Expert Solution & Answer

Answer to Problem 1Q

The interest which is other than that of parent company in any entity is termed as non-controlling interest.

Answer 9

Expert Solution & Answer

Answer 10

Expert Solution & Answer

Answer 11

Explanation of Solution

Non-controlling interest:

The interest which is other than that of parent company in any entity is termed as non-controlling interest. The non-controlling interest specifies the percentage of ownership which is not owned by the parent company.

For example, if the parent company own 70% in the subsidiary then the remaining 30% is the non-controlling interest.