Noncontrolling Interest Share of Earnings Is

question 12

Multiple Choice

Noncontrolling interest share of earnings is:

• A)the total earnings of unconsolidated subsidiaries.
• B)earnings based on the percent of holdings by parent company of unconsolidated subsidiaries.
• C)the total earnings of consolidated subsidiaries.
• D)earnings based on the percent of holdings by outside owners of consolidated subsidiaries.
• E)none of the answers are correct.

---

Definitions:

Inventories

Quantifiable goods or materials that a business holds with the intent of selling them in the course of business operations, constituting a significant portion of a company's assets.

Credit Terms

Conditions under which credit will be extended to a borrower, detailing repayment amounts and the timeframe of repayment.

Discount

Generally a reduction in price or value. In finance, a reduction in the present value of a future sum due to the action of interest.

Net

Refers to the amount remaining after all deductions are made, such as taxes, expenses, and costs.