In preparing the Subsidiary company's Income distribution schedule (IDS), how is the total amount distributable to non- controlling interest calculated? [Internally generated Subsidiary's net income + Other adjustments (if any)] x Non-controlling interest (%) [Internally generated Subsidiary's net income - Full Amortization of excess from value schedule] x Non-controlling interest (%) [Internally generated Subsidiary's net income + Other adjustments (if any) - Full Amortization of excess from value schedule] x Non-controlling interest (%) O [Internally generated Subsidiary's net income - Other adjustments (if any) + Full Amortization of excess] x Non- controlling interest (%)

In preparing the Subsidiary company's Income distribution schedule (IDS), how is the total amount distributable to non- controlling interest calculated? [Internally generated Subsidiary's net income + Other adjustments (if any)] x Non-controlling interest (%) [Internally generated Subsidiary's net income - Full Amortization of excess from value schedule] x Non-controlling interest (%) [Internally generated Subsidiary's net income + Other adjustments (if any) - Full Amortization of excess from value schedule] x Non-controlling interest (%) O [Internally generated Subsidiary's net income - Other adjustments (if any) + Full Amortization of excess] x Non- controlling interest (%)

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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In preparing the subsidiary company's incom distribution schedule (ids) how is the total distribution to non_controlling interest calculated
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