How to determine the minority share of earnings

Question

Sep 14, 2008, 07:35 PM

Wolii

New Member

Join Date: Sep 2008

Posts: 1

How to determine the minority share of earnings

For example: Company A owns 70% of company B and consolidates this subsidiary. In 2005, B earned $100,000 after tax and A earned $1,000,000. without consideration of minority interest, the stockholders' equity of B at the end of 1005 was $1,.200,000

a) determine the minority share of earnings in 2005
b) determine the consolidated net income
c) determine tho minority interest at the end of 2005 on the balance sheet

Answer this Question Ask about Accounting

« Previous Thread | Next Thread »

Thread Tools
Show Printable Version Email this Page
Display Modes
Linear Mode Switch to Hybrid Mode Switch to Threaded Mode

Similar Sponsors

Similar Threads
Question	Asker	Forum	Answers	Last Post
Earnings per share	lgbanks	Accounting	1	Jul 4, 2008 02:01 PM
earnings per share and retained earnings	tdjohnson	Finance & Accounting	2	Mar 20, 2008 02:22 PM
Determination of earnings and earnings per share	tdjohnson	Finance & Accounting	1	Mar 18, 2008 12:05 PM
basic earnings per share and diluted earnings per share	ahneng	Finance & Accounting	1	Mar 22, 2007 12:02 PM
Basic Earnings per Share and Diluted earnings per share	Mercy Mosquera	Accounting	0	Nov 27, 2006 06:02 PM



At Ask Me Help Desk you can ask questions in any topic and have them answered for free by our experts. To ask questions or participate in answering them you must register for a free account. By registering you will be able to: Get free answers from experts in any of our 300+ topics. Accept money for answers that you provide. Communicate privately with other members (PM). See fewer ads. Sign Up!