Petros Limited Is a Subsidiary of Butros Limited

question 31

Multiple Choice

Petros Limited is a subsidiary of Butros Limited. When Butros acquired its 60% interest in Petros, the retained earnings of Petros were $20 000. At the beginning of the current period Petros Limited's retained earnings were $50 000. Petros earned profit after tax of $10 000 during the current period. The share of the non-controlling interest in the equity of Petros Limited at the end of the current period is:

• A) $8 000.
• B) $16 000.
• C) $24 000.
• D) $32 000.

---

Definitions:

Weber's Law

A principle stating that the smallest perceptible change in a stimulus, or the just noticeable difference, is a constant proportion of the original stimulus.

Sensory Adaptation

The process by which sensory receptors become less sensitive to constant stimuli over time, reducing our awareness of them.

Signal Detection

A method or theory related to identifying and processing stimuli under conditions of uncertainty.

Perceptual Assimilation

The process by which new information is interpreted and integrated into an existing cognitive framework or understanding.