What Is the Noncontrolling Interest's Share of the Subsidiary's Net

question 51

Multiple Choice

What is the noncontrolling interest's share of the subsidiary's net income for the year ended December 31, 2020 and what is the ending balance of the noncontrolling interest in the subsidiary at December 31, 2020?

• A) $56,000 and $280,000.
• B) $50,400 and $218,400.
• C) $56,000 and $224,000.
• D) $56,000 and $336,000.
• E) $50,400 and $330,400.

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Definitions:

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