The non-controlling interest section of the income statement is shown
A) below net income.
B) below income from operations.
C) above other income and expenses.
D) above income tax.

Question

Quizplus · Accepted Answer

The non-controlling interest section represents the portion of a subsidiary's net income that belongs to minority shareholders and is shown below the net income line on the income statement.

The Non-Controlling Interest Section of the Income Statement Is Shown