22 P company owns 80% of S company for 240000 cash. On 1/1/2010 NCI balance is 60000 JD, company S reports net income 40000 JD and declared dividends 10000 JD. Compute NCI balance on 31/12/2010 . Select one: a. 62000 b. 64000 c. 66000 d. 6800

22 P company owns 80% of S company for 240000 cash. On 1/1/2010 NCI balance is 60000 JD, company S reports net income 40000 JD and declared dividends 10000 JD. Compute NCI balance on 31/12/2010 . Select one: a. 62000 b. 64000 c. 66000 d. 6800

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 33P: Assume the demand for a companys drug Wozac during the current year is 50,000, and assume demand...

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P company owns 80% of S company for 240000 cash. On 1/1/2010 NCI balance is 60000 JD, company S reports net income 40000 JD and declared dividends 10000 JD. Compute NCI balance on 31/12/2010 .

Select one:

a. 62000

b. 64000

c. 66000

d. 68000

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