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Paint Corporation owns 82% of Achille Corporation and Achille Corporation owns 80% of Badrack Corporation. For the current year, the separate net incomes (excluding investment income) of Paint, Achille, and Badrack are $120,000, $100,000, and $50,000, respectively. The cost of each investment was equal to the book value of the investment, which was also equal to the fair value.
-Noncontrolling interest share for Achille is
Ideal Type
A conceptual tool used by sociologists, particularly in the work of Max Weber, to describe and understand the essential characteristics of a social phenomenon.
Ideal Type
In sociology, a conceptual model that serves as a standard of comparison for empirical observations, developed by Max Weber.
General Sociological
Pertaining to the broad field of sociology, focusing on social behaviors, social structures, and patterns of relationships within society as a whole.
Structural
Pertains to the underlying and enduring patterns or configurations in social life that influence social actions and institutions.
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