The total capital of subsidiary company is ₹3,00,000 and out of this, ₹2,40,000 is owned by holding company. What is the amount of minority interest, if % of outside shareholder is 20% ?
CS Executive · Corporate and Management Accounting · PYQS · December 2020
The total capital of subsidiary company is ₹3,00,000 and out of this, ₹2,40,000 is owned by holding company. What is the amount of minority interest, if % of outside shareholder is 20% ?
Answer & Explanation:
Correct Answer: Option (B)
Official answer key: (B).
Topics: Corporate Accounting
Related Questions in this Topic
- The date that award exercised satisfied conditions of agreement is called:
- Which of the following is not the method of valuation of goodwill?
- Which of the following is not a method of business valuation?
- An investor wants to invest in the equity shares of XYZ Ltd for one year. The company is expected to declare a dividend ...
- Asset backing or intrinsic value or break-up value method is also called :