Which of the following situations,involving eliminations as part of the consolidation process,would not have implications for the calculation of minority interests?
A) The sale of a non-current asset by the subsidiary to the parent.
B) The payment of a management fee by the subsidiary to the parent.
C) The sale of inventory by the parent to the subsidiary.
D) The payment of a management fee by the subsidiary to the parent and the sale of inventory by the parent to the subsidiary.
E) The sale of a non-current asset by the subsidiary to the parent and the sale of inventory by the parent to the subsidiary
Correct Answer:
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