Realty Group Had the Following Debits in the Pre-Acquisition Entry

question 11

Multiple Choice

Realty Group had the following debits in the pre-acquisition entry used to consolidate a 60% direct ownership interest in a subsidiary: Retained earnings $60 000, Share capital $120 000, General Reserve $24 000, BCVR $12 000. The amount attributable to the direct non-controlling interest is:

• A) $129 600.
• B) $144 000.
• C) $86 400.
• D) $216 000.

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Definitions:

Collective Bargaining Model

A process of negotiation between employers and a group of employees aimed at agreements to regulate working salaries, working conditions, and other aspects of workers' compensation and rights.

Bargaining Range

The spectrum of possible agreements in negotiation between the minimum acceptable offer and the maximum possible offer.

Bargaining Zone

Area within which the union and the employer are willing to concede when bargaining.

Canadian Labour Congress

A national trade union center in Canada, representing the interests of unionized workers.