Alpha Corporation Owns 100 Percent of Beta Company, and Beta

question 73

Multiple Choice

Alpha Corporation owns 100 percent of Beta Company, and Beta owns 80 percent of Gamma, Inc. all of which are domestic corporations. Information for the three companies for the year ending December 31, 2013 follows: What is the non-controlling interest in Gamma's income for 2013?

• A) $0.
• B) $9,600.
• C) $10,000.
• D) $19,200.
• E) $20,000.

---

Definitions:

Phonemes

The smallest units of sound in a language that distinguish one word from another, playing a crucial role in the structure and meaning of words.

Newborns

Infants in their first moments to weeks of life, characterized by rapid developmental changes physically and neurologically.

Native Language

is the first language a person learns in childhood and becomes most fluent in, often used as the primary means of communication in their community.

Phoneme

The smallest unit of sound in a language that can distinguish one word from another, for example, the difference between the "k" sound in "kit" and the "s" sound in "sit."