1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Mama L [17]
2 years ago
12

How is the noncontrolling interest in a subsidiary company calculated as of the end of a reporting period?

Business
1 answer:
ANEK [815]2 years ago
7 0

The noncontrolling interest in a subsidiary company is calculated at the end of a reporting period by multiplying the subsidiaries’ net income by the noncontrolling interest percentage.

A noncontrolling interest (NCI), or a minority interest, is a situation in which the shareholders own less than 50% of the outstanding shares and thus have no say in the decision-making process.

At the end of a reporting period, the NCI is calculated by taking the NCI percentage and multiplying it with the net income of the subsidiary.  For example, if a minority partner owns 30%  in the subsidiary, and the subsidiary’s net income is $ 2 million, the NCI will be $ 2 million multiplied by 30%, which is $600,000.

To learn more about noncontrolling interest (NCI): brainly.com/question/13635396

#SPJ4

You might be interested in
What is the difference between a demand curve and a demand schedule?
svetlana [45]

Answer:

Demand schedule:

The Demand schedule refers to the tabular representation of the quantity demanded at the various price levels. By observing the demand schedule, we can conclude that as the price of the good increases then as a result the quantity demanded for that good falls. It represents various combination of price and quantity demanded.

Demand curve:

A demand curve refers to the graphical representation of the demand schedule which shows the relationship between the price of the commodity and the quantity demanded for that commodity. It is downward sloping curve which shows that there is an inverse relationship between the price of a good and the quantity demanded.

5 0
3 years ago
Since 70 percent of preferred dividends received by a corporation is excluded from taxable income, the component cost of equity
dusya [7]

Answer:

The answer is False

Explanation:

Since the 70 percent of preferred dividends received by a company is excluded from taxable income, the component cost of equity for a corporation which pays half of its revenue out as a common dividends and half as preferred dividends should ,technically be.

3 0
3 years ago
Elmore pays first national bank $1,000 plus a service fee to draw a check on itself made payable to go delivery service. this is
seropon [69]
<span>This is a cashier's cheque. Cheque is an order to a bank to pay a particular amount from the account of an account holder. It is a printed matter. Cashier's cheque is a form of cheque which is guaranteed by the bank. It is drawn on the bank's account and signed by the cashier. It is done for real estate and brokerage transactions.</span>
5 0
3 years ago
Assume that while the budget balance in Conania changes from positive to negative, capital inflow in Conania also decreases. How
Aleks [24]

Answer and Explanation:

In the case when the budget balance of the Conania varies i.e. from positive to negative so the capital inflow would decrease

Now this impact private investment spending in such a way that the situation would become worst and this would lead a serious crowding effect that ultimately reduce the economy

Hence, the same is relevant

4 0
3 years ago
Shopping malls, hotels, office parks, and residential areas that are located near the intersection of major highways are called
Norma-Jean [14]
The correct answer in the blank is the edge cities. The edge cities describe the following statement above because building like malls, hotels, parks and even residential areas that are found near to the major high ways intersections are called to be it.
5 0
3 years ago
Other questions:
  • Harrison Corp. wants to raise its level of service to enhance customer experience. The board of directors send out an email cont
    15·1 answer
  • The senior lawyers of Lawteve, a law firm, have differences of opinion about the leave policies that the firm follows. This is b
    13·1 answer
  • Solve the problem below using the intuitive least cost method and answer the following: Cranbury Plainfield Saddle Brook Supply
    5·1 answer
  • A property was purchased two years ago for $300,000; the investor just sold the property for $379,000. What was the percentage o
    15·1 answer
  • Cash $207,200 Salaries and wages expense (sales) $318,080 Inventory 599,200 Salaries and wages expense (office) 387,520 Sales re
    15·1 answer
  • Vin Diesel owns the Fredonia Barber Shop.
    11·1 answer
  • A tax meets the standard of efficiency if it generates enough revenue to pay for the public goods and services provided by the g
    13·1 answer
  • "A consumer buys a printer for her computer and receives a money-back offer. All she has to do is fill out a form and mail it to
    10·1 answer
  • Which conclusion is accurately reflected in the data table? (5 points)
    14·1 answer
  • Brandon has presented the possible requirements for the next sprint. The development team has asked questions and has clarificat
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!