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Coloma Limited reports Non-controlling interests within the equity section of its statement of financial position....

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Accounting

Coloma Limited reports Non-controlling interests within the equity section of its statement of financial position. Which of the following statements is incorrect?

Coloma Limited has prepared consolidated financial statements.

Coloma Limited holds more than 50%, but less than 100%, of the shares in another company.

Coloma Limited has shareholders from a subsidiary.

Coloma Limited is a parent entity.

All of these statements are correct.

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