Where Would Be the Amortization of the Acquisition Differential Reflected

question 54

Multiple Choice

Where would be the amortization of the acquisition differential reflected on Kho's consolidated income statement?

• A) It would be reflected through non-controlling interest in earnings.
• B) It would be reflected through other expenses.
• C) It would be reflected through cost of sales.
• D)It would be reflected as a reduction of sales.

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Simple Interest

Interest calculated only on the principal amount, or on that portion of the principal amount that remains.

Borrowed

The act of receiving something with the intention to return it, often referring to money in financial contexts.

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