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Find the total share of the non-controlling interest

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Question - BB Limited is a subsidiary of AA Limited. When AA acquired its 80% interest in BB, the retained earnings of BB were $10 000. At the beginning of the current period BB Limited's retained earnings were $40 000. BB earned profit after tax of $20 000 during the current period. Find the total share of the non-controlling interest in the equity of BB Limited at the end of the current period?

a. $15 000

b. $17 500

c. $12 000

d. $7 500

e. $16 000

Reference no: EM132544688

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