Solution-What is the NCI share of Sat Ltd profit for the

What is the NCI share of Sat Ltd profit for the year ended

Reference no: EM133064598

Question - Pat Ltd owns 85% of the shares of Sat Lid. For the year ended 30 June 2020, Sat Ltd.'s operating profit after tax is $25,000, which includes unrealised profit on the sale of inventory from Sat Lid to Pat Lid of $5,000 before tax. Assume a tax rate of 30%. What is the NCI's share of Sat Ltd's profit for the year ended 30 June 2020?

Reference no: EM133064598

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What is the NCI share of Sat Ltd profit for the year ended

Reference no: EM133064598

Reference no: EM133064598

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