- This topic has 1 reply, 2 voices, and was last updated 4 years ago by
.
Viewing 2 posts - 1 through 2 (of 2 total)
- Posts
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?
The 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.
Viewing 2 posts - 1 through 2 (of 2 total)
- You must be logged in to reply to this topic.