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Re: ponzi_implosion post# 9336

Wednesday, 01/04/2012 7:15:49 AM

Wednesday, January 04, 2012 7:15:49 AM

Post# of 40315
ponzi_implosion,

The company will consider its minority position in the LLC. Here is what will happen.

interest of shareholders who, in the aggregate, own less than half the shares in a corporation. On the consolidated balance sheets of companies whose subsidiaries are not wholly owned, the minority interest is shown as a separate equity account or as a liability of indefinite term. On the income statement, the minority’s share of income is subtracted to arrive at consolidated net income.

http://www.answers.com/topic/minority-interest#ixzz1iUVef3eC

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