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Describes the calculation of non-controlling interest share

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Reference no: EM132939925

Problem 1: XXX company owns 80% of Company YYY. XXX sells merchandise to YYY. Which of the following statements describes the Calculation of non-controlling interest share?

A) The subsidiary's net income times 20%
B) (The subsidiary's net income × 20%) + unrealized profits in the beginning inventory - unrealized profits in the ending inventory
C) (The subsidiary's net income + unrealized profits in the beginning inventory - unrealized profits in the ending inventory) × 20%
D) (The subsidiary's net income + unrealized profits in the ending inventory - unrealized profits in the beginning inventory) × 20%

Reference no: EM132939925

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