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What does the term noncontrolling interest mean where

Question -

1. What does the term noncontrolling interest mean?

2. Where should the noncontrolling interests claims be reported in a consolidated set of financial statements?

3. How is the noncontrolling interest in a subsidiary company calculated as of the end of the current year?

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Accounting Basics: What does the term noncontrolling interest mean where

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Accounting Basics: What does the term noncontrolling interest mean where

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