What are ‘some’ the main reasons that a company has for acquiring interests in other entities? List at least five (5) and explain each one.

  1.  What are ‘some’ the main reasons that a company has for acquiring interests in other entities?  List at least five (5) and explain each one.
  2. Companies with ownership investments in partnerships choose one of several methods for reporting those investments, please list at least two (2) and explain them.
  3. What are the usefulness of consolidated financial statements?
  4. What are the limitations of consolidated financial statements?