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RadioShack owned 49% of RadioShack de Mexico until December 2008. In December 2008, RadioShack acquired all the stock of RadioShack de Mexico it did not already own.

How did RadioShack account for its 49% share of income or loss of RadioShack de Mexico prior to December of 2008? (There is a specific accounting rule that applies - name it and briefly explain how it works.)

How did RadioShack account for the operations of RadioShack de Mexico in 2009 and future years? (Again, there is a specific accounting rule that applies - name it and briefly explain how it works.)

Financial Management, Finance

  • Category:- Financial Management
  • Reference No.:- M93054958

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