Assume that X Corp.controls X Corp.X constantly purchases and sells Y's voting shares on the open market while always ensuring that it maintains a controlling interest over Y.Which of the following statements pertaining to X buying and selling activity is correct?
A) X's activity has no effect on the non-controlling interest.
B) As X sells shares of Y,the non-controlling interest Increases.
C) As X sells shares of Y,the non-controlling interest decreases.
D) As X buys shares of Y,the non-controlling interest Increases.
Correct Answer:
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