Multiple Choice
Alpha Corporation owns 100 percent of Beta Company, and Beta owns 80 percent of Gamma, Inc., all of which are domestic corporations. Information for the three companies for the year ending December 31, 2011 follows: What is the total non-controlling interest in the subsidiaries' income for 2011?
A) $0.
B) $9,600.
C) $10,000.
D) $19,200.
E) $20,000.
Correct Answer:

Verified
Correct Answer:
Verified
Q27: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4176/.jpg" alt=" Patton's operating income
Q32: On January 1, 2010, Jones Company bought
Q33: In a father-son-grandson combination, which of the
Q35: Jull Corp. owned 80% of Solaver Co.
Q47: Under what conditions must a deferred income
Q54: Wilkins Inc. owned 60% of Motumbo Co.
Q97: T Corp. owns several subsidiaries that are
Q108: Britain Corporation acquires all of English, Inc.for
Q114: When indirect control is present, which of
Q123: Which of the following statements is false