Answered You can hire a professional tutor to get the answer.

QUESTION

"Noncontrolling Interest" is: a component of the parent company's net income and reported on the income statement.

"Noncontrolling Interest" is:

A. a component of the parent company's net income and reported on the income statement.

B. a component of stockholders' equity attributable to the parent company and reported on the balance sheet.

C. not reported within the parent company's consolidated financial statements, but instead reported within the minority stockholders' financial statements.

D. the portion of equity in a subsidiary not attributable, directly or indirectly, to the parent company, and reported on the balance sheet within equity, but separate from the parent company's equity.

Show more
LEARN MORE EFFECTIVELY AND GET BETTER GRADES!
Ask a Question