Which of the following is correct? The direct sale of additional shares of stock at book value per share to only the parent company from a subsidiary
A. decreases the parents interest and decreases the noncontrolling shareholders interest.
B. decreases the parents interest and increases the noncontrolling shareholders interest.
C. increases the parents interest and increases the noncontrolling shareholders interest.
D. increases the parents interest and decreases the noncontrolling shareholders interest.
Answer:D
Which of the following is correct? The direct sale of additional shares of stock at book value per share to only the parent company from a subsidiary
A. decreases the parents interest and decreases the noncontrolling shareholders interest. B. decreases the parents interest and increases the noncontrolling shareholders interest. C. increases the parents interest and increases the noncontrolling shareholders interest. D. increases the parents interest and decreases the noncontrolling shareholders interest.