Assume that an 80 percent investor of Sub Company acquires an additional 10 percent interest in Sub

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Assume that an 80 percent investor of Sub Company acquires an additional 10 percent interest in Sub halfway through the current fiscal period. Explain the effect of the 10 percent acquisition by the parent on noncontrolling interest share for the period and on total noncontrolling interest at the end of the current period.

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Advanced Accounting

ISBN: 9780132568968

11th Edition

Authors: Floyd A. Beams, Joseph H. Anthony, Bruce Bettinghaus, Kenneth Smith

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