How Is a Noncontrolling Interest in the Net Income of an Entity

question 105

Essay

How is a noncontrolling interest in the net income of an entity reported in the income statement?

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Definitions:

Algebraic Expression

A sequence in math that features common numerals, symbols like x or y, and mathematical actions including plus, minus, times, and divided by.

Simplified Expression

An expression that has been reduced to its simplest form, combining like terms and applying mathematical operations where possible.

Algebraic Expression

An expression consisting of numbers, variables, and arithmetic operations, expressing a mathematical relationship without an equality sign.

Simplified Expression

An algebraic expression that has been condensed to its simplest form, typically by combining like terms and reducing fractions.