China has 50,000 rivers, each with a catchment area greater than 100 square kilometers. The rivers in China have a total length of 420,000 kilometers. 1,500 of Chinese rivers have a catchment area exceeding 1,000 square kilometers. The majority of rivers flow west to east into the Pacific Ocean.
Continuous Compounding Interest : Continuous compound interest is the procedure of obtaining interest on top of interest in a monthly, quarterly and semiannual basis and the interest is obtained continuously.
Under IFRS, the minority interest (non-controlling interest) is reported in the Equity section of the consolidated balance sheet. Under US GAAP, minority interest can be reported in the liabilities section, the equity section, or the mezzanine section of the balance sheet.The Mezzanine section is located between liabilities and equity. key concern of investors is that they cannot be sure what part of the reported cash position is owned by a 100% subsidiary and what part is owned by a 51% subsidiary. Minority interest is an integral part of the enterprise value of a company.