Consolidated Net Income for a Parent and Its Partially-Owned Subsidiary

question 125

Multiple Choice

Consolidated net income for a parent and its partially-owned subsidiary would always be equal to the total of the parent company's net income:

• A) plus the subsidiary's net income
• B) plus the minority percentage of the subsidiary's net income
• C) plus the subsidiary's net income and the net income of the minority interest
• D) plus the parent's share of the subsidiary's net income

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Definitions:

Calcium

A metallic chemical element essential for living organisms, particularly in cell physiology and bone formation.

Chlorine

Chlorine is a chemical element with symbol Cl and atomic number 17, known for its powerful disinfectant properties and use in water purification.

Lewis Dot Structure

A diagram that represents the valence electrons of an atom as dots around the elements' symbols and indicates the bonding between atoms in a molecule.

Electrons

Negatively charged particles located within every atom that are essential for chemical reactions and the production of electricity.