Where on the Consolidated Balance Sheet Would You Find the Non-Controlling

question 22

Multiple Choice

Where on the consolidated balance sheet would you find the non-controlling interest account?

• A)In assets
• B)In liabilities
• C)In shareholders' equity
• D)In-between liabilities and shareholders' equity

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Definitions:

Retained Earnings

Profits that a company keeps or reinvests for expansion or debt payment, rather than distributing to shareholders as dividends.

Stock Split

A corporate action to increase the number of outstanding shares by dividing each share, which typically lowers the stock price but does not affect the company's market value.

Market Price

The contemporary market price for transactions involving an asset or service.

Stock Split

A corporate action where a company divides its existing shares into multiple shares to increase liquidity.