A sub-subsidiary provides the following information: The sub-subsidiary is owned 60% by its parent,which is owned 80% by the ultimate parent.
Retained profits at the date of acquisition are $400.
Profit for the year first is $200.
The total indirect NCI is:
A) $72.
B) $48.
C) $24.
D) none of the above.

Question

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The Answer of A sub-subsidiary provides the following information: The sub-subsidiary is owned 60% by its parent,which is owned 80% by the ultimate parent.
Retained profits at the date of acquisition are $400.
Profit for the year first is $200.
The total indirect NCI is:
A) $72.
B) $48.
C) $24.
D) none of the above.

A Sub-Subsidiary Provides the Following Information: the Sub-Subsidiary Is Owned