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Modern Advanced Accounting in Canada Study Set 2
Quiz 6: Intercompany Inventory and Land Profits
Consolidated Net Income Attributable to the Shareholders of the Parent
Question 35
Multiple Choice
Consolidated net income attributable to the shareholders of the parent for 2018 would be: A) $12,500. B) $33,300. C) $36,300. D)$53,200.
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Related questions
Q 36
Consolidated net income attributable to the shareholders of the parent for 2019 would be: A) $58,000. B) $56,000. C) $65,550. D)$69,150.
Q 37
What would be the change in the non-controlling interest account for 2018? A) Non-controlling interest would decrease by $27,800. B) Non-controlling interest would decrease by $18,000. C) Non-controlling interest would increase by $18,000. D)Non-controlling interest would increase by $27,800.
Q 38
What would be the change in the non-controlling interest account for 2019? A) Non-controlling interest would increase by $14,200. B) Non-controlling interest would increase by $16,800. C) Non-controlling interest would decrease by $45,000. D)Non-controlling interest would increase by $48,000.
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