I am Dumb Tech Interview Question
Quick question, is Net Income Attributable to NCI considered a non-cash expense?
100 charactttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttters
Hi Intern in IB - Gen, any of these topics helpful:
More suggestions...
Fingers crossed that one of those helps you.
Correct me if I am wrong but a NCI is not an expense so it would not be accounted for in non cash expense adjustments in the CFS. If that was what you were getting at, then I think the adjustment would be none for CFS and in Equity section of B/S.
Cash flow statements usually start from NI before NCI deductions, NCI represents the share of earnings that the company's shareholder do not have an interest in, its not a cash expense unless money flowed directly to the NCI owners.
Sed error unde dolore aliquam vel tempora. Illo dignissimos ut dolorem amet perferendis.
Aut ad odio sed et sint sunt. Earum blanditiis et eum repellendus et et doloremque. Nemo ex iste commodi sit.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...