A company has reported noncontrolling interests in the latest financial reports, as follows: Net income attributable to NCI Noncontrolling interest in shareholders' equity 772.0 11,556.0 Dividends paid on noncontrolling interests in the CFS 193.0 If net income attributable to NCI grows by 8.0% and the NCI dividend pay-out ratio is 16.0% then what will be reported, in the next balance sheet, for NCI?

A company has reported noncontrolling interests in the latest financial reports, as follows: Net income attributable to NCI Noncontrolling interest in shareholders' equity 772.0 11,556.0 Dividends paid on noncontrolling interests in the CFS 193.0 If net income attributable to NCI grows by 8.0% and the NCI dividend pay-out ratio is 16.0% then what will be reported, in the next balance sheet, for NCI?

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Concept explainers

Stock Yields

The stock yield is otherwise known as the dividend yield. The dividend yield is an annual payment of the stock dividends to the holder of a firm’s stock. The dividend yield is a financial ratio to measure the value of dividend payout every year for the relative stock price. The yield of a stock is usually shown in a percentage that discloses the expected future earnings from stock depending on the current stock price in the future. Stock yield will change depending on the market fluctuations and in accordance with the market fluctuations, the dividends will be increased or decreased by the firm.

Question

A company has reported noncontrolling interests in the latest financial reports,
as follows:
Net income attributable to NCI
Noncontrolling interest in shareholders' equity
772.0
11,556.0
Dividends paid on noncontrolling interests in the CFS
193.0
If net income attributable to NCI grows by 8.0% and the NCI dividend pay-out
ratio is 16.0% then what will be reported, in the next balance sheet, for NCI?
Select one:
12,196.8
12,123.0
12,256.4
12,135.0

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