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16 Company X (Parent) owns 60% of Company Y (Subsidiary), in its consolidated financial statements, Company X will report separately a Parent and subsidiary
16 Company X (Parent) owns 60% of Company Y (Subsidiary), in its consolidated financial statements, Company X will report separately a Parent and subsidiary net income b. Net income allocated to the controlling and noncontrolling interest P0CP c. Only net income attributable to the controlling interest d. None of the above
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