What Is the Amount of the Noncontrolling Interest's Share of Kailey's

question 56

Multiple Choice

What is the amount of the noncontrolling interest's share of Kailey's income for 2019?

• A) $22,000.
• B) $24,000.
• C) $48,000.
• D) $66,000.
• E) $72,000.

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Definitions:

MICR Recording Area

A section on checks encoded with magnetic ink character recognition technology to facilitate the electronic processing of bank checks.

Routing Number

A nine-digit code used in the United States to identify a financial institution in a transaction.

ABA Number

A fraction appearing in the upper-right corner of all printed checks that identifies the geographic area and specific bank on which the check is drawn.

Pay to the Order

A financial instruction found on a check, directing the bank to pay a specified amount to the individual or entity named.