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Hardford Corp

question 75

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Hardford Corp. held 80% of Inglestone Inc. which, in turn, owned 80% of Jade Co. Operating income figures (without investment income) as well as unrealized upstream gains included in the income for the current year follow: Hardford Corp. held 80% of Inglestone Inc. which, in turn, owned 80% of Jade Co. Operating income figures (without investment income)  as well as unrealized upstream gains included in the income for the current year follow:   -The noncontrolling interest in the net income of Inglestone Inc. is calculated to be A)  $106,950. B)  $102,640. C)  $114,530. D)  $106,960. E)  $103,680.
-The noncontrolling interest in the net income of Inglestone Inc. is calculated to be


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