If the Shareholders' Equity Allocated to the Subsidiary's Preference Shares

question 42

Multiple Choice

If the shareholders' equity allocated to the subsidiary's preference shares amounts to $240,000 and the parent company acquires 60% of the subsidiary's preference shares at a cost of $150,000, how much will the non-controlling interest in the preferred shares amount to after the purchase by the parent?

• A) $90,000
• B) $96,000
• C) $120,000
• D) $240,000

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Definitions:

Needs Assessment

The process of determining the gap between an organization's current state and its desired state to identify training or developmental needs.

Quality Standards

Preset criteria that outline the expectations for products or services to ensure they meet customer needs and regulatory requirements.

Person Analysis

An element of training needs assessment that evaluates individual employees’ performance to determine who needs training and what kind of training is needed.

Learning Management System

A software application or web-based technology used to plan, implement, and assess a specific learning process, typically used for educational courses or training programs.