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When you create an income distribution schedule for consolidated net income, the distributions: a. should use the controlling/noncontrolling interest ownership with respect to both common

When you create an income distribution schedule for consolidated net income, the distributions: a. should use the controlling/noncontrolling interest ownership with respect to both common and preferred shares. b. are allocated equally between Company P and Company S. c. none of the above d. for the parent Company P should convert its investment to its equity balance if it is not using the cost method.

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