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Question 6 Not yet answered Marked out of 1.00 Flag question You have a controlling interest if: Select one: a. you are the president of

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Question 6 Not yet answered Marked out of 1.00 Flag question You have a controlling interest if: Select one: a. you are the president of the company. O O b. you use the equity method. c. you own more than 50% of a company's share. O O d. you own more than 20% of a company's share. Question 7 Not yet answered Marked out of 1.00 P Flag question XYZ company reports net income of $150,000. If partners Khaled, Marwan , and Kamal have an income ratio of 3:2:1 respectively, Khaled share of the net income is: Select one: a. 35,000 b. 75000 c. 25,000 d. 50,000

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