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What is the amount of minority interest in net income

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Question 1: Redford Corp. has a 90% interest in White Co., while the latter has an 80% interest in Sol Corp. For the year ended December 31, 2016, the net income from own operations of these three companies were: Redford Corp., P 1,000,000; White Corp., P 500,000, Sol Corp., P 250,000. What is the amount of minority interest in net income?

Reference no: EM132674410

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