P Company Owns an 80% Interest in S Company

question 17

Multiple Choice

P Company owns an 80% interest in S Company. During 2017, S sells merchandise to P for $150,000 at a profit of $30,000. On December 31, 2017, 50% of this merchandise is included in P's inventory. Income statements for P and S are summarized below: Noncontrolling interest in income for 2017 is:

• A) $3,000.
• B) $14,400.
• C) $15,000.
• D) $18,000.

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Definitions:

Environmental Modifications

Alterations made to the physical or social environment to improve conditions, support behavioral changes, or accommodate individual needs.

Behavioral Intervention Plan

A strategy-based document outlining the steps and measures to address and modify challenging behavior, usually in educational or healthcare settings.

Describes Behaviors

The process of recording and analyzing specific actions or reactions of individuals in various situations.

Developed from FBA

Referring to strategies or interventions derived from a Functional Behavior Assessment, a comprehensive evaluation to understand the cause of certain behaviors.