Accounting · Consolidated Financial Statements - NCI
An entity acquires an 80% stake in a subsidiary whose net assets at the reporting date are valued at $500,000. If the non-controlling interest (NCI) is measured using the proportionate share of net assets method, what amount should be included for NCI in the consolidated statement of financial position?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1$80,000
- 2$100,000✓
- 3$400,000
- 4$500,000
Correct answer
$100,000
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