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P company owns 85% of S company. On 1/1 NCI balance is 50000 JD, company S reports net income 49000 JD and declared dividends 10000

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P company owns 85% of S company. On 1/1 NCI balance is 50000 JD, company S reports net income 49000 JD and declared dividends 10000 JD. Compute NCI balance on 31/12 Select one: a. 55400 b. 55500 c. 55700 d. 55850

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