How much subsidiary net income is allocated to controlling

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Tall acquires 80% of Short on May 1, 2010. For the first 4 months of 2010, Short has total revenues of $1,000,000 and total expenses of $600,000. For the last 8 months of the year Short has total revenues of $1,800,000 and total expenses of $800.000

Problem a. How much is the noncontrolling interest in Short net income in 2010

Problem b. How much subsidiary net income is allocated to the controlling interest

Reference no: EM133004004

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