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The question asked to prepare the extract from Bycomb’s consolidated statement of profit or loss for the year ended 31 March 2015 for profit or loss attributable to NCI.
Why is it Cyclip’s profit figure of $2,400 we include in the calculation and not Bycomb’s profit figure of $3,000?
Many thanks,
Is Cyclip the subsidiary?
Do you really understand what a non-controlling interest is? We used to call it a “minority interest” Does that help you maybe understand better who these people are?
ah yes….minority interest…..I’m still adjusting to the new terminology from the old paper 2.5 (i think) UK version
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