Under parent company theory,noncontrolling interest is valued at ________ on the consolidated balance sheet.Under entity theory,noncontrolling interest is valued at ________ on the consolidated balance sheet.

Question

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Under parent company theory, noncontrolling interest is valued at book value, reflecting the parent company's perspective. Under entity theory, it is valued at fair value, considering the perspective of the company as a whole, including both controlling and noncontrolling interests.

Under Parent Company Theory,noncontrolling Interest Is Valued at ________ on the Consolidated