Sir in the question 25.1 - task 4
Why cannot option c be the answer ?
20% of swings retained earnings will be allocated to the non controlling interest?
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4y ago#1The consolidated retained earnings are all of Swing's earnings (because Swing is the parent) plus 80% of Cat's earnings (because Cat is the subsidiary).
The non-controlling interest is the 20% of Cat and it is 20% of Cat's earnings that are therefore allocated to the non-controlling interest.
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