Homework Answers
Solution 22:
The true statement about the effects of company B's earnings on company A's accounting records is "Company A makes no change to its investment account or stockholder's equity as long as the market value of company B's stock remains constant"
Hence option A is correct.
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22. Company A owns 12% of the stock in Company B. Company B earns a net...
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3.16 Please help, very confused
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