Business
Business, 25.03.2020 02:01, Hockeypro1127

1. A parent sells land to its 80%-owned subsidiary at a gain of $100,000. The following year, the subsidiary sells the land to an outside entity for a gain of $10,000. How is the noncontrolling interest in net income affected in the year the subsidiary sells the land?

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1. A parent sells land to its 80%-owned subsidiary at a gain of $100,000. The following year, the su...

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