Business, 13.12.2019 22:31 danielburke24

Which of the following is not a correct statement about noncontrolling interest?

a. noncontrolling interest represents their claim to their proportionate share of the net assets and net income of the subsidiary in which they own stock.
b. noncontrolling interests are entitled to preference in dividends and payouts in liquidation.
c. noncontrolling interest is reported as a component of stockholders' equity on the balance sheet.
d. noncontrolling interest is a residual claim, like that of any other shareholder.

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Which of the following is not a correct statement about noncontrolling interest?

a. no...