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I'm confused about the formula for Minority Interest Sharing Ratio. The formula in my book is: Minority interest sharing ratio = comprehensive income before MI
I'm confused about the formula for Minority Interest Sharing Ratio. The formula in my book is:
Minority interest sharing ratio = comprehensive income before MI divided by CSE/(CSE+MI)
Do I use signs (negative or positive to enter into these formulas) or no sign? Please give me an example of using this formula with hypothetical numbers so I can follow how to enter the data.
Thank you
Debra
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