B File me De Layout erine Mailings View Review IFRS 10 NCI MCQs.doc (Compatibility Mode] - Word C. $32 000 d. $36 000 Tell me what you want to do... 13. Petros Limited is a subsidiary of Butros Limited. When Butros acquired its 60% interest, the retained earnings of Petros Limited were $20 000. At the beginning of the current period Petros Limited's retained earnings had increased to $50 000. Petros earned profit of $10 000 during the current period. The share of the NCI in the closing retained earnings of Petros Limited at reporting date is: a. $20 000 b. $24 000 14. A NCI in a subsidiary entity is entitled to a share of the following items: I || ||| IV Yes Yes Yes Y