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Poe Corporation owns an 80% interest in Seri Company acquired at book value several years ago. On January 2, 2013, Seri purchased $100,000 par of Poe's outstanding 10% bonds for $103,000. The bonds were issued at par and mature on January 1, 2016. Straight-line amortization is used. Separate incomes of Poe and Seri for 2013 are $350,000 and $120,000, respectively. Poe uses the equity method to account for the investment in Seri.
-Noncontrolling interest share for 2013 was
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The condition of being jobless and actively seeking employment, reflecting the number of people in the workforce unable to find jobs.
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The process of building or assembling infrastructure, including the planning, design, and financing, continuing until the project is ready for use.
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