Answer:
$33,600
Explanation:
Calculation for the Non-controlling interest share.
Using this formula
Non-controlling interest share=Net income-(Inventory ×One-third of Inventory)× Percentage of Subsidiary
Let plug in the formula
Non-controlling interest share=$200,000-($48,000×2/3)×(100%-80%)
Non-controlling interest share=$200,000-$32,000×20%
Non-controlling interest share=$168,000×20%
Non-controlling interest share=$33,600
Therefore the Non-controlling interest share of consolidated net income that will appear in the income statement for 20X2 is $33,600
Answer:
Pension plans
Explanation:
A pension plan is a retirement benefit enjoyed by state and corporate employees. In the pension plan, the employer, the employee, or both make contributions to the employee's pension account monthly. An independent entity, a retirement benefits specialist, holds the funds contributed as pension. The funds are invested, and the proceeds used to pay retired employees based on the type of pension plan.
Contributions to the pension plans are made when the employee is in employment. Benefits will be enjoyed when the employees retire. Pension plans are of two types, the defined-contribution pension plan, and the defined-benefit pension plan.
The correct option is this: CHECKING SCENARIOS WITH VARIABLE DOWN PAYMENT.
A data table is a range of cells, which shows how changing one or two variables in one's formula can affect the value of that formula.
In excel, instead of creating several scenarios, one can create a data table with which one can quickly try out different values for formula.<span />
