ACC 440
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<strong>ACC</strong> <strong>440</strong> Week 3 Individual Assignment Ch. 12 Textbook Exercise<br />
Resource: Ch. 12 of Advanced Financial Accounting<br />
Prepare a solution to the P12-17: Translation, Journal Entries, Consolidated<br />
Comprehensive Income, and Stockholders’ Equity exercise from Ch. 12 of the text.<br />
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<strong>ACC</strong> <strong>440</strong> Week 3 DQ 2<br />
Why do most parent companies acquire 100 percent ownership of the subsidiary<br />
when 51 percent would grant them economic control?<br />
What are the economic reasons supporting more than a 51 percent ownership<br />
level?<br />
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<strong>ACC</strong> <strong>440</strong> Week 3 DQ 1<br />
What are some of the issues we may run into when consolidating financial<br />
statements at period end? What types of transactions need to be addressed in a<br />
consolidation?<br />
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<strong>ACC</strong> <strong>440</strong> Week 2 Learning Team Assignment Ch. 1 Textbook Exercises<br />
Resource: Ch. 1 of Advanced Financial Accounting<br />
Prepare solutions to the following exercises from Ch. 1 of the text:<br />
E1-2: Multiple-Choice Questions on Recording Business Combinations