Caloundra Limited Has an Ownership Interest of 60% in a Subsidiary

question 30

Multiple Choice

Caloundra Limited has an ownership interest of 60% in a subsidiary Aroona Limited. Aroona owns 70% of Bribie Limited. Since acquisition date the retained earnings of Bribie Limited have increased from $100 000 to $150 000. The direct non-controlling interest in the retained earnings of Bribie is:

• A) $0.
• B) $105 000.
• C) $60 000.
• D) $45 000.

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Virtual Team Formation

The process of assembling a group of individuals who work together from various geographical locations via electronic communications.

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The external and internal conditions that influence an organization's operations and decision-making.

Member Cultures

The shared values, beliefs, and practices of individuals within a group or organization.

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