Prepare a Schedule of Consolidated Net Income and the Share

question 53

Essay

Prepare a schedule of consolidated net income and the share to controlling and noncontrolling interests for 2018, assuming that Musial owned only 90% of Matin and the equipment transfer had been downstream.

Calculate shareholders' equity based on company's assets and liabilities.

Understand and calculate key financial metrics such as net income, dividends, and interest expenses.

Analyze and interpret the significance of current assets, working capital, and cash flow statements.

Calculate and apply the concepts of earnings before interest and taxes (EBIT).

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