ECN 204 Lecture Notes - Lecture 4: Addthis
Document Summary
Less dividend income from sub (x parent"s portion) (if parent sold to sub, this would be less by. If sub sold to parent: after tax profit in ending inventory ( in year after intercomp trans, You addthis after tax profit (which is now. The difference btw consolid n/i and the portion. Cogs: p+s+ fv excess of inventory - intercompany sales + Inc tax exp: p+s - unrealized tax on ending inventory. Difference in i/s when owning 80% rather than 100%: Add that grey nci calc at the end of the consol i/s. Opening balance: parent r/e opening balance (for yr 6) Opening balance @ yr 6: subs r/e opening balance. Subs r/e at acquisition date (on jan 1 yr 5 b/s) After tax profit in ending inventory (only for yr of i. t!!) After tax profit in ending inventory (only for year of i. t) + unamortized aquis diff (ending balance at end of yr 2)
