A 15% stock dividend by a subsidiary causes
A. the parent company investment account to decrease.
B. the parent company investment account to remain the same.
C. the parent company investment account to increase.
D. the noncontrolling interest equity to increase.
Answer:B
A 15% stock dividend by a subsidiary causes
A. the parent company investment account to decrease. B. the parent company investment account to remain the same. C. the parent company investment account to increase. D. the noncontrolling interest equity to increase.