What does consolidated net income mean for the parent company concept?
belongs to book: ADVANCED ACCOUNTING|Debra C.jeter, Paul K.Chaney|7th edition| Chapter number:1| Question number:32
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belongs to book: ADVANCED ACCOUNTING|Debra C.jeter, Paul K.Chaney|7th edition| Chapter number:1| Question number:32
total answers (1)
Accounting
Consolidated net income measures the operating results of the consolidated entity which is then allocated between the controlling and noncontrolling interests.
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