Under the Proprietary theory, Non-Controlling Interest is:
A) nonexistent. Goodwill is established based on the Parent's pro-rata share of any acquisition differential.
B) nonexistent. Goodwill is established based on the Parent's acquisition cost.
C) based on the fair market values of the subsidiary's net assets. Goodwill is established based on the Parent's acquisition cost.
D) based on the book values of the subsidiary's net assets. Goodwill is established based on the Parent's acquisition cost.

Question

Quizplus · Accepted Answer

The Answer of Under the Proprietary theory, Non-Controlling Interest is:
A) nonexistent. Goodwill is established based on the Parent's pro-rata share of any acquisition differential.
B) nonexistent. Goodwill is established based on the Parent's acquisition cost.
C) based on the fair market values of the subsidiary's net assets. Goodwill is established based on the Parent's acquisition cost.
D) based on the book values of the subsidiary's net assets. Goodwill is established based on the Parent's acquisition cost.

Under the Proprietary Theory, Non-Controlling Interest Is