question archive Manama loe owned 854 of the voting common stock of Alli Corp
Manama loe owned 854 of the voting common stock of Alli Corp
Subject:AccountingPrice: Bought3
Manama loe owned 854 of the voting common stock of Alli Corp. During 2021. Alli Corp made several sales of inventory to Maname. The total selling price w $215,000 and the cost was 5105,000. At the end of the year, 40% of the goods were still in Mama's inventory Allis reported net income was $400,000. Assuming there are no exces amortizations associated with the consolidation, and no other intentity se transfer, what was the net income attributable to the moncontrolling interest in Alli Corp! 513250 550.000 560.000 566.600 35.400
