On january 1, 2018, ritt corporation acquired 80 percent of shaw corporation’s $10 par common stock for $956,000. on this date, the fair value of the noncontrolling interest was $239,000, and the carrying amount of shaw’s net assets was $1,000,000. the fair values of shaw’s identifiable assets and liabilities were the same as their carrying amounts except for plant assets (net) with a remaining life of 20 years, which were $100,000 in excess of the carrying amount. for the year ended december 31, 2018, shaw had net income of $190,000 and paid cash dividends totaling $125,000. in the december 31, 2018, consolidated balance sheet, the amount of noncontrolling interest reported should be

$247,000

Explanation:

Since uncontrolled interest = 20%

Value of uncontrolled interest reported at year end = 20%

Carrying value already = $239,000

Add: Share in profits net of dividend as dividend will reduce the value, treated separately

= Share in profit = $190,000 - $125,000 = $65,000 X 20% = $13,000

Thus carrying value = $239,000 +$13,000 = $252,000

Note asset adjustment is also to be added of plant = $100,000 X 20% = $20,000

Thus net carrying value = $252,000 + $20,000 = $272,000

Less: Dividends as reduces the cost of investment as per equity method = $125,000 X 20% = $25,000

$272,000 - $25,000 = $247,000

answer: b) the us is the leading importer but not the leading exporter.

extra info:

the u.s is the largest importer but it is not the largest exporter as china sits on the top of the table when it comes to leading exporters.

but u.s is not far from first,

they rank in 2nd globally as the worlds largest exporter.

happy to

pls mark as brainliest

answer; i believe the correct answer is (form utility); good luck