s***@hotmail.com
2006-03-01 04:59:20 UTC
This is not homework. It's a real life question. I am not an accountant
but I am working as one for just a little while longer.
Suppose a parent accounts for their 100% owned sub using the equity
method. The parent needs to account for their share of the sub's
income. How does the sub account for this on their statement of cash
flows? Thanks.
Sara
but I am working as one for just a little while longer.
Suppose a parent accounts for their 100% owned sub using the equity
method. The parent needs to account for their share of the sub's
income. How does the sub account for this on their statement of cash
flows? Thanks.
Sara