Norek Corp

question 106

Multiple Choice

Norek Corp.owned 70% of the voting common stock of Thelma Co.On January 2,2009,Thelma sold a parcel of land to Norek.The land had a book value of $32,000 and was sold to Norek for $45,000.Thelma's reported net income for 2009 was $119,000.What is the noncontrolling interest's share of Thelma's net income?

• A)$35,700.
• B)$31,800.
• C)$39,600.
• D)$22,200.
• E)$26,100.

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The feeling of being emotionally isolated or disconnected from others, regardless of the quantity of social relationships.

Social Loneliness

The feeling of not belonging or being inadequately involved in a community or network of relationships.

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The legal dissolution of a marriage.

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