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evablogger [386]
3 years ago
13

Property rights are the legal rights of ownership on which others are

Social Studies
1 answer:
alex41 [277]3 years ago
4 0
Property rights are the legal rights of ownership on which others are not allowed to infringe, without paying compensation. Hope I could help!
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Answer:

The correct answer is letter "A": Non-controlling interest in net income is reported as an expense on the income statement.

Explanation:

Non-controlling interest (NCI) is any percentage of ownership that is less than 50% of a company's voting equity. Theoretically, the non-controlling interest lacks power and control while influencing business management or operation. The NCI excess income is usually posted to a goodwill account in the consolidated financial statements. Over time, goodwill is amortized into an expense account.

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