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When accounting for the acquisition of a non?wholly owned subsidiary, the parent

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Question;When accounting for the acquisition of a non?wholly owned subsidiary, the parent;can use entity theory or parent company extension theory to account for the;business combination. Access the 2011 consolidated financial statements for BCE;Inc. by going to investor?s relations section of the company?s website. Answer;the questions below for 2011. Round percentages to one decimal point and other;ratios to two decimal points. For each question, indicate where in the financial;statements you found the answer, and/or provide a brief explanation.;(a) Which theory of consolidation is used to value non-controlling interest at;the date of acquisition?;(b) What portion of the additions to property, plant, and equipment during;the year came from business combinations, and what portion came from;direct purchases?;(c) What percentage of shareholders? equity at the end of the year pertains to;non-controlling interests?;Requirements;Change ?For each question, indicate where in the financial statements you found the answer, and/or provide a brief explanation? to ?For each question, provide a brief explanation or identify the Note to the consolidated (audited) financial statements which provides explanatory support to your answer.?;For part (b), ignore the effects of transfers, retirements, and disposals.;For parts (b) and (c), round your answer to the nearest whole decimal place, for example, 9%.;PDF attachment includes consolidated Financial Statements starts p57

 

Paper#19929 | Written in 18-Jul-2015

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