The amount of non-controlling interest appearing on Big Guy's consolidated balance sheet as at June 30, 2020 would be:
A) $79,760.
B) $83,600.
C) $90,000.
D)$226,400.

Question

Quizplus · Accepted Answer

The non-controlling interest is calculated based on the percentage of the subsidiary not owned by the parent company. Without specific details on ownership percentages or subsidiary equity, the choice closest to typical minority interest calculations is $79,760.

The Amount of Non-Controlling Interest Appearing on Big Guy's Consolidated