Question
17. Assume the following facts relating to an 80% owned subsidiary company: BOY Stockholders Equity, 1,000,000 BOY unamortized AAP, 125,000 Net income of the Sub
17. Assume the following facts relating to an 80% owned subsidiary company:
BOY Stockholders Equity, 1,000,000
BOY unamortized AAP, 125,000
Net income of the Sub (not including AAP amortization), 210,000
AAP amortization expense, 40,000
Dividends declared and paid, 12,500
- What is net income attributable to NCI for the year?
- What is the amount reported as noncontrolling equity at the end of the year?
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OECD Public Governance Reviews Brazils Supreme Audit Institution The Audit Of The Consolidated Year End Government Report
Authors: Oecd
1st Edition
9264188088, 978-9264188082
