How are dividends paid to noncontrolling shareholders reported in the consolidated statements?
a. They reduce the amount reported as “noncontrolling interest in net income of subsidiary” in the consolidated income statement.
b. They reduce the amount reported as “noncontrolling interest in net assets other f subsidiary” in the consolidated balance sheet.
c. They are included in the dividends declared line in the consolidated statement of retained earnings.
d. They are combined with expenses in the consolidated income statement.
e. None of the above.