MC Qu.05-77 On January 1, Year 6,... On January 1, Year 6, AB...
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Accounting
MC Qu On January Year
On January Year AB inc, purchased percent of the common shares of CD Corp, for $ On the date of acquisition, CDs shareholders' equity was as follows:
Common shares $
Retained earnings $
Any acquisition differential was allocated to goodwill. During Year CD earned a net income of $ and paid dividends of $ On December Year a goodwill impairment loss of $ was recorded.
What is consolidated net income attributable to the noncontrolling interest on the consolicated income statement for the year ended December t Year
Multiple Choice
$
$
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