Minority Interest
Please Help here:
Minority interest:
a. represents ownership of stockholders who own less than 60% of the outstanding stock in a consolidated company.
b. represent the rights of nonmajority shareholders to assets and earnings of a consolidated company.
c. represents ownership of those stockholders who own between 20 and 50%.
d. represents ownership of those stockholders who own less than 20% of the stock in a consolidated corporation
I choose (b). What does anyone else think? Please answer?
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