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Assuming Investor Owns 70% of Investee

Question 20

Multiple Choice

Assuming Investor owns 70% of Investee. What is the amount that will be recorded as Net Income for the Controlling Interest? A) $164,000 B) $171,000 C) $178,000 D) $180,000 Assuming Investor owns 70% of Investee. What is the amount that will be recorded as Net Income for the Controlling Interest?


A) $164,000
B) $171,000
C) $178,000
D) $180,000

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