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John Limited Has an Ownership Interest of 80% in a Subsidiary

question 26

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John Limited has an ownership interest of 80% in a subsidiary Jack Limited. Jack Limited owns 60% of Jill Limited. At acquisition date the retained earnings of Jill Limited were
$100 000. At consolidation date the retained earnings of Jill Limited were $220 000. The indirect non-controlling interest in the retained earnings of Jill Limited is calculated as:

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