sugar1014

02.03.2020 • 

Business

Pine Company purchased a 60% interest in the Scent Company on January 1, 2016 for $360,000. On that date, the stockholders equity of Scent Company was $450,000. Any excess cost on 1/1/16 was attributable to goodwill. Pine purchased another 20% interest on January 1, 2019 for $200,000. On January 1, 2019, Scent Company's stockholders equity was $700,000 and it earned $50,000 evenly during 2016. Pine company had internally generated net income of $120,000 during 2016. t
Required:
1. Calculate the consolidated income for 2019 and the distribution of consolidated income to the noncontrolling and controlling interests.

Ответ:

bhaven2005

21.03.2023

Business

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B I personally think..

Step-by-step explanation:

Hi,

Use Differential Formula :

d(u(x) • v(x))/dx = u'(x) • v(x) + u(x) • v'(x)

at x = 1 :

d(u(1) • v(1))/dx = u'(1) • v(1) + u(1) • v'(1)

d(u(1) • v(1))/dx = -5 • 6 + 4  • -2

d(u(1) • v(1))/dx = -30 - 8

d(u(1) • v(1))/dx = -38

Hope this helped :)

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