The Account "Noncontrolling Interests" as Reported on a Balance Sheet

question 49

Multiple Choice

The account "Noncontrolling Interests" as reported on a balance sheet shows ________.

• A) the parent company's interest in a subsidiary
• B) the subsidiary's interest in a parent company
• C) the outside stockholders' interest in a subsidiary
• D) the outside stockholders' interest in a parent company

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Definitions:

Profitability Ratios

Financial metrics used to evaluate a company's ability to generate profit in relation to its revenue, assets, or equity.

Revenues

The total amount of money received by a company for goods sold or services provided during a certain time period.

Inventory Turnover

A measure of how frequently a company sells and replaces its inventory over a certain period, indicating the efficiency of inventory management.

Total Assets

The cumulative value of all resources owned by an entity, including both current and non-current assets.