What is problem corporation ci from own operations

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Question - Problem Corporation owned 80% interest in a purchased subsidiary, Solve Company, which was accounted for by the cost method. During the year 2017, Problem Corporation had CI of P145,000 which includes dividend income from Solve Company amounting to P32,000. Solve Company had a CI of P120,000. There was no difference between the current fair values and the book values of Solve Company's identifiable net assets on the date of the business combination, and there was no goodwill in the business combination. For the year 2017:

What is the consolidated CI attributable to parent?

What is the consolidated CI attributable to NCI?

What is Problem Corporation's CI from own operations?

What is the consolidated CI of Problem Corporation and subsidiary?

What is Solve Company's CI from own operations?

Reference no: EM133066020

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