When You Create an Income Distribution Schedule for Consolidated Net

Multiple Choice

When you create an income distribution schedule for consolidated net income, the distributions:

A) ​are allocated equally between Company P and Company S.
B) ​should use the controlling/noncontrolling interest ownership with respect to both common and preferred shares.
C) ​for the parent Company P should convert its investment to its equity balance if it is not using the cost method.
D) ​none of the above