An investor company that owns more than 50% of the voting stock of a subsidiary company is the:
A) parent company.
B) subsidiary company.
C) consolidated company.
D) minority interest.
Correct Answer:
Verified
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Q63: A noncontrolling (minority)interest is defined as:
A)a subsidiary
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Q69: 1.Investment account will be:
A)$675,000.
B)$680,000.
C)$696,600.
D)$729,000.
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