15) The interests of the minority percentage owners of a subsidiary are represented on a) the consolidated income statement. b) the consolidated balance sheet. c) both the consolidated income statement and the consolidated balance sheet. d) neither the consolidated income statement nor the consolidated balance sheet. 16) Consolidated financial statements should NOT include balances for a) the parent's investment in its subsidiary. b) the parent's recognition of income from its subsidiary. c) goodwill. d) Both a) and b) are correct. 17) Measurement of the noncontrolling interest on the consolidated balance sheet incorporates the a) beginning balance for the noncontrolling interest. b) portion of subsidiary net income attributable to the noncontrolling interest. c) portion of subsidiary dividends declared attributable to the noncontrolling interest. d) All of the above. 18) The noncontrolling interest's share of consolidated net income always includes a) the total unrealized gross profit. b) any gain or loss on the extinguishment of debt. c) its share of the amortization of excess fair value related to the subsidiary. d) a portion of the goodwill account balance