Consolidated Net Income for a Parent and Its Partially Owned

Multiple Choice

Consolidated net income for a parent and its partially owned subsidiary would always be equal to the total of the parent company's net income:

A) plus the subsidiary's net income and the net income of the minority interest.
B) plus the minority percentage of the subsidiary's net income.
C) plus the subsidiary's net income.
D) plus the parent's share of the subsidiary's net income.