Interested to Buy Any Domain ? << Click Here >> for more details...
Answer Posted / prasanna
Minority interest in business is an accounting concept that
refers to ownership of a company (subsidiary) that is less
than 50% of outstanding shares.[1] Minority interest
belongs to other investors and is reported on the
consolidated balance sheet of the owning company between
liabilities and equity sections to reflect the claim on
assets belonging to other, non-controlling shareholders.
Also, minority interest is reported on the consolidated
income statement as a share of profit belonging to minority
shareholders.
Minority interest is an integral part of the enterprise
value of a company. The converse concept is an associate
company.
| Is This Answer Correct ? | 4 Yes | 3 No |
Post New Answer View All Answers
EXPAND_________SEAMEC
what is debit/credit note ? what deffered income and expencess?
What is re-financing in Letter of Credit settlement
HOW CALCULATE ADVANCE TAX ? PLEASE EXPLAIN IT ?IN CASE OF FIRM, IF WE PAID FIRST INSTALMENT OF ADVANCE TAX.
For how long should prepayments be carried in the books as fictitious asset and when is it ideal for a new coy to pay tax
how to entry of hra
What are the accounting conventions and Practices?
HOW MUCH LATEST ACCOUNTING STANDARDS , TDS RATE , INCOME TAX RATE, EXCISE , VAT , SERVICE TAX & FBT RATES? (PLS. ARRANGE TO SEND THE RATES FOR ABOVE IN CATAGORY & LIMIT WISE)
what do u mean by comparative budget?
what is non stock?
What do you mean Business
what is ZBA hold & balance hold in banking?
What three Specific Job Positions do you target from the Industry
can we get all interview questions with answers in tally 9 which mostly asked in MNC's.
why you would like to work for the our(AIRLINE) Group ???
