In periods subsequent to acquisition, noncontrolling (NCI) interest valuation in consolidated financial reports is based on Multiple choice question. the current carrying amounts of the subsidiary's assets and liabilities. acquisition-date fair value adjusted for the NCI's share of post-acquisition adjusted subsidiary net income. acquisition-date fair value adjusted for the NCI's share of post-acquisition adjusted subsidiary net income less dividends. current fair value of the noncontrolling interest's equity shares