答案和详解如下：
Correct answer is A) If a firm has a non-controlling interest of between 20% but no more than 50%, it is usually deemed to wield significant influence, and the firm will use the equity method of consolidation. In the equity method, the parent’s reported income is not affected by changes in the market value of the investee, unless the value decline is considered permanent or realized losses are incurred upon sale of the investment. The decline in value at Quality is cyclical and not permanent. Thus, with a 25% investment in the firm Prudhomme would use of the equity method and thus avoid any affects on its net income. If the investment were more than 50%, SFAS 94 would require the use of the consolidated method. In the consolidated statements, the fluctuations in market value of Quality would not affect Prudhomme’s income statement. Thus, Xavier Prudhomme’s statement that buying at least 20% of Quality’s stock would prevent having fluctuations in the stock price affect Prudhomme’s income statement is correct. Sanscartier’s suggestion of purchasing 100,000 shares of Quality would represent a 10% interest in the firm. Ownership of less than 20% is typically viewed as a non-controlling interest and the two firms are treated as separate entities. If there were no public market for Quality’s shares and no readily determined fair value, the cost method would have to be used. In that case, changes in market value would be recognized only on the sale of the securities. Thus Sanscartier’s statement is also correct.
[此贴子已经被作者于2009-1-7 15:43:09编辑过] | 
发表于 2009-3-12 09:18
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