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    Chapter 1 Handout

    Copyright:

    © All Rights Reserved
    Download as PDF or read online from Scribd
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    8 views1 page

    01 - Handout

    Uploaded by

    dchristensen5
    Chapter 1 Handout

    Copyright:

    © All Rights Reserved
    Download as PDF or read online from Scribd
    Flag for inappropriate content
    of 1
    Normal Ownership Applicable Accounting Criterion Level Method Inability to significantly Less than 20% Fait value or cost influence Ability to significantly 20-50% Equity method or fair value influence Control through voting Mote than 50% Consolidated financial interests starements inewermarour NONCONTROLING may Fiscal Years Endling December 34, (Sin mites) 2012 2013 2014 2015, Income Statement 505s profi, si208 $1380 $1505 $1528 sGaa, 736 17, 92.4 938 EomDa/eaT a2 355 58 590 Equity income in afliates - 40 45 50 Other (income! / pense - - - - Income before taxes aa 03 ae a0 Provision for tax a 172 2 ns ‘Net income avallable to common 288 $350 $412 $420 Sales growth Na 142% 9.1% 1.586 SG2A/ sales 65.55: 5.9% 614% 624% Tax rate 350% 35.0% 350% 35.0% jalance sheet Cosh and equivelenis sone? $3903 Sazs7 S099 Equity investments 1418 1442 146.9 1499 Total eset $5005 -g5385 —

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