如题

问题如下：

Cupernico, Inc., Strawberry Mines Corp., and Glace, S.A., were global gold mining companies. Glace was a French company that followed International Financial Reporting Standards (IFRS).

On 1 January 2011, the three companies combined their Peruvian operations into a separate company, AdOre Ventures. The fair value of assets contributed by each company was in proportion to its ownership interest as shown in Exhibit 1. Cupernico was considered to have control over AdOre because of its ownership interest and representation on AdOre’s board of directors. Both Strawberry Mines and Glace were considered to have significant influence.

Given AdOre’s relatively brief operating history, Glace determined that the fair value of assets remained equal to the value at which they were carried on AdOre’s books.

Selected financial data related to AdOre is presented in Exhibit 2. Because gold prices are set globally in US dollars, AdOre’s functional currency is the US dollar.

Which of the following amounts (in thousands) from AdOre would most likely be included on the 2011 financial statements of Cupernico?

选项：

A.

$31,773 of revenue

B.

$40,000 of long-term debt

C.

$23,689 of equity

解释：

In 2011, Cupernico had a controlling interest in AdOre and would have used the consolidation method. In consolidation, companies combine all of the assets, liabilities, revenues, and expenses of subsidiaries with the parent. Therefore, Cupernico would have included $40,000 (100%) of AdOre's long-term debt.