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a In an accounting period, a parent company has pre-tax profits of 5m. Its 80% subsidiary has pre-tax profits of 4m. The tax expense for
a In an accounting period, a parent company has pre-tax profits of 5m. Its 80% subsidiary has pre-tax profits of 4m. The tax expense for both companies is equal to 30% of profit before tax. The profit attributable to the non-controlling interest is: 675,000 1,200,000 400,000 560,000
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