What is the amount of net income to the controlling interest, Accounting Basics

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What is the amount of net income to the controlling interest

Denber Co. acquired 60% of the common stock of Kailey Corp. on September 1, 2010. For 2010 Kailey reported revenues of $810,000 and expenses of $630,000, all reflected evenly throughout the year. The annual amount of amortization related to this acquisition was $15,000. What is the amount of net income to the controlling interest for 2010?

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Accounting Basics: What is the amount of net income to the controlling interest

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Accounting Basics: What is the amount of net income to the controlling interest

Reference No:- TGS081574

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Recent Questions Asked Accounting Basics

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Ask an Expert for Answer!!

Accounting Basics: What is the amount of net income to the controlling interest

Reference No:- TGS081574

Recent Questions Asked Accounting Basics

Q : Compute the total cost of ordering and carrying flour

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Q : What is the amount of net income to the controlling interest

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