Consolidated Net Income for a Parent and Its Partially Owned

question 41

Multiple Choice

Consolidated net income for a parent and its partially owned subsidiary would always be equal to the total of the parent company's net income:

• A)plus the subsidiary's net income and the net income of the minority interest.
• B)plus the minority percentage of the subsidiary's net income.
• C)plus the subsidiary's net income.
• D)plus the parent's share of the subsidiary's net income.

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Definitions:

Heterosexual Women

Women who are sexually attracted to men, with sexuality often discussed in relation to gender, social norms, and rights issues.

Racial Category

A classification of human beings into groups based on physical, social, or cultural characteristics associated with race, often used for demographic purposes.

Out-Of-Wedlock Birth

The birth of a child to parents who are not legally married to each other at the time of the child's birth.

Kenneth Clark

An African American psychologist whose research on the effects of segregation on black children was instrumental in the Brown vs. Board of Education Supreme Court case.