Ask Experts Questions for FREE Help !
Ask
    EPS_MRS's Avatar
    EPS_MRS Posts: 2, Reputation: 1
    New Member
    		  
    #1

    Dec 6, 2011, 08:03 AM
    Accounting
    A owned a 90% interest in B co. B frequently made sales of inventory to A. The sales which include a markup over cost of 25%, were $420,000 in 2010 and $500,000 in 2011. At the end of the yr. A still owned 30% of the goods. NI for B was $192,000 during 2011. What is the noncontrolling shard of B NI for 2011?

Check out some similar questions!

Questions on financial accounting,cost and management accounting [ 3 Answers ]

I want different sets of questions on financial accounting,cost and management accounting for free. I am a teacher in this area

AP Journal Entires - accrual accounting and cash accounting [ 6 Answers ]

What are the journal entries for accrual accounting and cash accounting for an invoice and a payment?

List five differences between management accounting and cost accounting [ 1 Answers ]

Describe five differences between management accounting and cost accounting

View more questions Search
 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.