Compute the Noncontrolling Interest in the Net Income of Demers

question 52

Multiple Choice

Compute the noncontrolling interest in the net income of Demers at December 31, 2021.

• A) $24,600.
• B) $14,000.
• C) $26,000.
• D) $20,400.
• E) $12,600.

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Definitions:

Brain

The organ in the head of animals and humans, responsible for nerve function, thought, memory, and processing sensory information.

Conscious Rational Processes

involve deliberate and logical thinking or problem-solving activities that are under direct awareness.

Thoughts

Mental processes involving the organization and understanding of information, including beliefs, opinions, and intentions.

Memories

The ability of the mind to store and recall information or experiences from the past.