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Minority Interest

Amit (Accounts ) (526 Points)

04 October 2018

what is minority interest
pls explain

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satish (teaching) (2046 Points)
Replied 15 October 2018

minority interest means is the portion of a subsidiary corporation's stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, or the corporation would generally cease to be a subsidiary of the parent.

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