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Beck Company Owns a 60 Percent Interest in Subsidiary Company

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Beck Company owns a 60 percent interest in Subsidiary Company.For the year ended December 31,2016,the net income of Beck Company was $80 and the net income of Subsidiary Company was $10.What is the balance in the Noncontrolling Interests account on the consolidated income statement for the year ending December 31,2016?

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Social-Cognitive Learning Theory

A theory that emphasizes the importance of observational learning, imitation, and modeling in acquiring new behaviors, attitudes, and emotional reactions.

Humanist Theory

A psychological perspective that emphasizes the study of the whole person and the uniqueness of each individual's experience.

Defense Mechanism

Psychological strategies brought into play by individuals, groups, and even nations to cope with realities and to maintain self-image.

Displacement

A defense mechanism where an individual redirects emotional impulses from a real object to a substitute target.

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