what is minority interest
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Answer / rakesh roshan barik
In case of Holding & Subsidiary Company , Holding company
acquire more than 50% share of Subsidiary Company. Other
than Holding Company who held shares of subsidiary company
are called Minority Interest.
Is This Answer Correct ? | 6 Yes | 0 No |
Answer / umair
In the context of a Group, when a parent company acquire
50% or more shares in a company, that other will become its
susidiary.In susidiary, shares held by investors other than
parent company are collectively called as Minority Interest.
Is This Answer Correct ? | 2 Yes | 3 No |
Answer / d.mahaboobi
The ownership interest in a company held by the person other than the parent company and its subsidiary undertakings.
Is This Answer Correct ? | 0 Yes | 1 No |
In the income statement we may get profit or loss but the name of the statement was Profit and Loss account Why it was so?
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