What should be the noncontrolling interest share, preferred in the consolidated financial statements of Parminter for the year ending December 31, 2014?
A. $1,000
B. $2,000
C. $4,000
D. $5,000
Answer:A
What should be the noncontrolling interest share, preferred in the consolidated financial statements of Parminter for the year ending December 31, 2014?
A. $1,000 B. $2,000 C. $4,000 D. $5,000
Explanation: A) ($5,000 × 20%)