Merrivale Limited has an ownership interest of 80% in a subsidiary Bairnsdale Limited. Bairnsdale owns 60% of Clairmont Limited. Since acquisition date the retained earnings of Clairmont Limited have increased from $100 000 to $250 000. The direct non-controlling interest in the retained earnings of Clairmont is:

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The Answer of Merrivale Limited has an ownership interest of 80% in a subsidiary Bairnsdale Limited. Bairnsdale owns 60% of Clairmont Limited. Since acquisition date the retained earnings of Clairmont Limited have increased from $100 000 to $250 000. The direct non-controlling interest in the retained earnings of Clairmont is:

Merrivale Limited Has an Ownership Interest of 80% in a Subsidiary