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Business, 17.12.2019 05:31 tayfaulk123

Sleepy company, a 70%-owned subsidiary of pickle corporation, reported net income of $600,000 and paid dividends totaling $225,000 during year 3. year 3 amortization of differences between current fair values and carrying amounts of sleepy's identifiable net assets at the date of the business combination was $112,500.

the noncontrolling interest in consolidated net income of sleepy for year 3 was :
a. $146,250.
b. $33,750.
c. $67,500.
d. $180,000.

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Sleepy company, a 70%-owned subsidiary of pickle corporation, reported net income of $600,000 and pa...
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