CHAPTER 3 AN INTRODUCTION TO CONSOLIDATED FINANCIAL STATEMENTS Answers to Questions 1 A corporation becomes a subsidiary when another corporation either directly or indirectly acquires a majority (over 50 percent) of its outstanding voting stock. 2 Amounts allocated to identifiable assets and liabilities in excess of their recorded amounts on the books of the subsidiary are not recorded separately by the parent. Instead‚ the parent company records the purchase price of the interest acquired
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Almost all of this growth is occurring in the developing regions‚ while most industrialised countries are growing very slowly or not at all‚ and in some countries the population size is even declining. However‚ these developed countries make up just one fifth of the world’s population and consequently have little impact on demographic trends. This results in the need for investigation into the causes of high rates of population growth. Religion plays a large part in the rate of population increase
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A Case Study Growth of tourism rate in Hongkong made by Disneyland I. INTRODUCTION As one of the world’s leading international financial centres‚ Hong Kong’s service-oriented economy is characterised by low taxation‚ near-free port trade and well-established international financial market. The currency‚ the Hong Kong dollar‚ is legally issued by three major international commercial banks‚ and pegged to the US Dollar. Interest rates are determined by the individual banks in Hong Kong
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ON THE GROWTH RATES OF GREEN ALGAE 12‚’3 CONSTANTINE SOROKIN 4 AND ROBERT W. KRAUSS DEPARTMENT OF BOTANY-. UNIVERSITY OF MARYLAND‚ COLLEGE PARK‚ MARYLA‚-ND Aimong the environmental factors affectingf the growth rates of unicellular algae‚ light is frequently at an improper level. In many laboratory cultures used for physiological research the light intensity is too low to permit logarithmic growth. In nature the intensity is well above saturation and may be high enough to inhibit growth during
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economic growth rate? India is an emerging economy that is witnessing unprecedented levels of economic expansion. It is widely expected that India may overtake China as the world’s fastest growing major economy by 2015. However it is not easy to sustain high levels of economic growth rates. There were a number of countries that experienced a high economic growth rate but were unable to sustain it for a long period of time. In order to determine whether India can sustain its economic growth rate we need
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Chapter 12 Corporate Valuation and Financial Planning ANSWERS TO END-OF-CHAPTER QUESTIONS 12-1 a. The operating plan provides detailed implementation guidance designed to accomplish corporate objectives. It details who is responsible for what particular function‚ and when specific tasks are to be accomplished. The financial plan details the financial aspects of the corporation’s operating plan. b. Spontaneous liabilities are the first source of expansion capital as these accounts increase
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investigate the effects of temperature on the growth rate pine seedlings. Experiment 1 A batch of 60 pine seedlings (Batch I) was grown in a greenhouse under controlled temperatures. Ten plants were grown at each of six temperatures from 50 C to 300 C. These plants remained at their original temperatures 24 hours each day for two weeks. All other conditions were the same for all seedlings. The growth rates are shown in Table 1. Table 1. Growth rates for pine seedlings in Batch I Experiment
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saving rate on GDP growth. The result indicates that the lagged values of both stock index and saving rate don’t have influence on the current value of GDP. However‚ we find that the lagged value of stock index does have impact on saving rate. We conclude that one of the most important reason lead to this result should due to small sample size and data of saving rate still remains non-stationary under the condition of I(1). Key words: vector autoregressive‚ GDP‚ stationary‚ saving rate stock index
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policies its government had undertaken after the war ended. Thus‚ as a result of this economic growth‚ standard of living has gone up and along with technological advancements‚ Japan enjoys one of the highest life expectancy compared to any other countries in the world today. It even had the highest life expectancy in 1987; 76 for males and 82 for females (Martin‚ 1989). It is because of this rapid economic growth that has triggered Japan to be faced with a dilemma; an aging society. Background After
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province. The province recorded an economic growth rate of 4.9% in 2004/05 compared with 4.5% in 2003/04. The largest contributors to the GDP of the province in 2004 were the mining and quarrying industries (24.9%)‚ finance‚ real estate and business services (13.6%) and the general government services sector (12.1%). Of the 3‚374‚200 people living in the North West‚ 65% live in the rural areas (Mid-Year Population Estimates‚ 2006). The official unemployment rate is 31.8% (Labour Force Survey‚ March 2006)
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