Able Company Owns an 80% Interest in Barns Company and a 20

question 33

Short Answer

Able Company owns an 80% interest in Barns Company and a 20% interest in Carns Company.Barns owns a 40% interest in Carns Company.The reported income of Carns is $20,000 for 2019.Which of the following shows how it will be distributed? ?
$\begin{array}{ccc}&\text { Barns} & \text { Carns }\\\text { Controlling } & \text { Non- } & \text { Non- } \\\text { Interest } & \text { Controlling } & \text { Controlling }\end{array}$
A) $\begin{array}{lrr} \$ 10,400 &&&& \$ 1,600 &&& \$ 8,000 \\\end{array}$
B) $\begin{array}{lrr} \$ 2,000 &&&& \$ 8,000 &&&& \$ 8,000 \\\end{array}$
C) $\begin{array}{lrr} \$ 12,000 &&& \$ 0 &&&&&& \$ 8,000 \\\end{array}$
D) $\begin{array}{lrr}\$ 10,400 &&& \$ 9,600 &&&& \$ 0\end{array}$

• A)\(\begin{array}{lrr}
• \$ 10,400 &&&& \$ 1,600 &&& \$ 8,000 \\\end{array}\)
• B)\(\begin{array}{lrr} \$ 2,000 &&&& \$ 8,000 &&&& \$ 8,000 \\\end{array}\)
• C)\(\begin{array}{lrr} \$ 12,000 &&& \$ 0 &&&&&& \$ 8,000 \\\end{array}\)
• D)\(\begin{array}{lrr}\$ 10,400 &&& \$ 9,600 &&&& \$ 0
• \end{array}\)

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Definitions:

Moderator Variables

Variables that affect the strength of the relation between the independent and dependent variables in statistical models.

Constructivist Accuracy

The degree to which an individual's understanding or perception of the social world is accurately constructed or formed.

Intellectual Expectancies

Beliefs or predictions about one's own capacity for learning, understanding, and intellectual growth.

Self-Efficacy

An individual's belief in their own capacity to execute behaviors necessary to produce specific performance attainments.