Alder Corporation holds 80 percent of Beech, which, in turn, owns 80 percent of Cherry. Separate operating

Question:

Alder holds 80 percent of Beech, which, in turn, owns 80 percent of Cherry. Separate operating income figures (excluding investment income) and unrealized upstream gains included in the income for the current year follow:

Alder Corporation holds 80 percent of Beech, which, in turn,

What is the total non-controlling interest share of consolidated net income?
a. $105,200 .
b. $119,000 .
c. $142,000 .
d. $163,800

Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...