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AA Limited has an ownership interest of 80% in a subsidiary BB Limited. BB owns 60% of CC Limited. Since acquisition date the retained earnings
AA Limited has an ownership interest of 80% in a subsidiary BB Limited. BB owns 60% of CC Limited. Since acquisition date the retained earnings of CC Limited have increased from $100 000 to $250 000. The direct non-controlling interest in the retained earnings of CC is:
Select one:
a.$0.
b.$120 000.
c.$12 000.
d.$60 000.
e.$100 000.
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