rent uses the equity method on its books and is prepared to consolidate its subsidiary, which of the following is true about dividends paid. the pa 90% own a. consolidated dividends equals the dividends of the subsidiary b. interest share of subsidiary dividends increases Noncontrolling noncontrolling noncontrolling interest in subsidiary dividends equals subsidiary dividends multiplied by controlling interest percentage Interest on the consolidated balance sheet c. noncontrolling interest in subsidiary dividends equal parent dividends multiplied by NCI percentage. e. noncontrolling interest in subsidiary dividends equals subsidiary dividends multiplied by NCI percentage 8. Which calculation of noncontrolling interest in subsidiary net income of the following intercompany inventory and land transfers impacts the a. upstream transfers only b. downstream transfers only both upstream and downstream transfers c. d. neither upstream or downstream transfers e. none of the above Smart owns 80% of Simple. Where is the 20% non controlling interest in Sim reported on the balance sheet under the acquisition method a. in assets b. in liabilities 9 c. between liabilities and stockholders equity d. in stockholders equity e. in the footnotes only 10. Smart owns 80% of Simple. Where is the non controlling interest in Simple positive net income reported on the consolidated income statement (under th acquisition method) a. As a deduction from consolidated net income b. As an addition to consolidated net income As a deduction from Simple's dividends As an addition to Smart's dividends As an addition to Smart's net income c. d. e