Matching
Match the following definitions to their terms
Premises:
A corporation controlled by another company when the parent owns more than 50% of the subsidiary's voting stock.
A company that owns a more than 50% controlling interest in a subsidiary.
A measure of operating efficiency, computed as net income divided by average total assets.
Debt securities that a company intends and is able to hold until maturity.
An accounting method for long-term investments in equity when the investor has significant influence over the investee.
Debt and equity securities not classified as trading or held-to-maturity.
Debt and equity securities that a company intends to actively manage and trade for profit.
A change in market value that is not yet realized through an actual sale.
Investments in equity and debt securities that are not readily convertible to cash or are not intended to be converted to cash in the short term.
Financial statements that show the financial position, results of operations and cash flows of all entities under the parent's control, including those of any subsidiaries.
Responses:
Long-term investments
Subsidiary
Unrealized gain or loss
Consolidated financial statements
Parent company
Available-for-sale securities
Held-to-maturity securities
Trading securities
Return on total assets
Equity method
Correct Answer:
Premises:
Responses:
A corporation controlled by another company when the parent owns more than 50% of the subsidiary's voting stock.
A company that owns a more than 50% controlling interest in a subsidiary.
A measure of operating efficiency, computed as net income divided by average total assets.
Debt securities that a company intends and is able to hold until maturity.
An accounting method for long-term investments in equity when the investor has significant influence over the investee.
Debt and equity securities not classified as trading or held-to-maturity.
Debt and equity securities that a company intends to actively manage and trade for profit.
A change in market value that is not yet realized through an actual sale.
Investments in equity and debt securities that are not readily convertible to cash or are not intended to be converted to cash in the short term.
Financial statements that show the financial position, results of operations and cash flows of all entities under the parent's control, including those of any subsidiaries.
Premises:
A corporation controlled by another company when the parent owns more than 50% of the subsidiary's voting stock.
A company that owns a more than 50% controlling interest in a subsidiary.
A measure of operating efficiency, computed as net income divided by average total assets.
Debt securities that a company intends and is able to hold until maturity.
An accounting method for long-term investments in equity when the investor has significant influence over the investee.
Debt and equity securities not classified as trading or held-to-maturity.
Debt and equity securities that a company intends to actively manage and trade for profit.
A change in market value that is not yet realized through an actual sale.
Investments in equity and debt securities that are not readily convertible to cash or are not intended to be converted to cash in the short term.
Financial statements that show the financial position, results of operations and cash flows of all entities under the parent's control, including those of any subsidiaries.
Responses:
Related Questions
Q34: On April 1 of the current year,a
Q54: A company's return on total assets equals
Q59: On April 1 of the current year,a
Q74: Define the return on total assets and
Q85: A company had investments in long-term available-for-sale
Q87: Savan Co.purchased 14,000 shares of Briton Corporation's
Q106: A controlling investor is referred to as
Q107: On May 1,Franke Co.purchases 2,000 shares of
Q136: All companies desire a low return on
Q154: At acquisition,debt securities are:<br>A)Recorded at their cost,plus