Zeta Corporation and Its Subsidiary Reported Consolidated Net Income of $320,000

question 4

Multiple Choice

Zeta Corporation and its subsidiary reported consolidated net income of $320,000 for the year ended December 31,20X8.Zeta owns 80 percent of the common shares of its subsidiary,acquired at book value.Noncontrolling interest was assigned income of $30,000 in the consolidated income statement for 20X8.What is the amount of separate operating income reported by Zeta for the year?

• A) $170,000
• B) $150,000
• C) $120,000
• D) $200,000

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Definitions:

Power

The ability or capacity to influence the behavior of others or the course of events.

Child's Viewpoint

The perspective or way of perceiving the world that is unique to children, often characterized by curiosity and imaginative interpretation.

Arbitrary Rules

Rules established without any logical, scientific, or systemic reasoning often based on personal choice or random decision rather than necessity.

Securely Attached

A term in attachment theory indicating an individual, usually a child, who has a healthy attachment to a caregiver, characterized by trust and confidence in their support.