The portion of the consolidated earnings to be assigned to the minority interest in consolidated financial statement is determined, thus,:

Group of answer choices

The amount of the subsidiary's earnings recognized for consolidation purposes is multiplied by the minority's percentage ownership

Net income of the parent company is subtracted from the subsidiary's net income to determine the minority interest

The amount of consolidated earnings determined on the consolidated financial statements' working papers is multiplied by the minority interest percentage at the balance sheet.

Subsidiary's net income is allocated to the minority interest.